M4-7 (Static) Calculating Activity Rates (LO 4-4) Halsted Corp. has identified three cost pools in its manufacturing process: equipment maintenance, setups, and quality control Total cost assigned to the three pools is $214,500, $101,400, and $153,000, respectively. Cost driver estimates for the pools are 10,000 machine hours, 150 setups, and 450 quality inspections, respectively. Calculate the activity rate for each of Halsted's cost pools, (Round your answers to 2 decimal places.) Maintenance Setup per Machine Hour per Setup per Inspection Quality Control 54-19 (State) Calculating Target Co Turtle Inc. has developed a new and improved widget. The company plans to sell the product through an existing website marketing department believes the product will sell for $80. Turtle's goal is a 40 percent profit margin on the widget Required 1. current prototypes cost $49.50 to produce, will Turtle meet its profit goal? No 2. Calculate the target cost necessary for Turtle to earn 40 percent profit. Tarot Com