M4-8 Calculating Activity Rates for ABC System [LO 4-4] Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools Machining Estimated Total Cost $334,000 12,700 machine hours Estimated Cost Driver 72,000 410 batches 88,000 780 inspections Quality control Compute the activity rates for each of the following activity cost pools: (Round your answers to 2 decimal places.) per Machine Machining Setup Costs Quality Control Hour per Batch per Inspection