Required information M4-10 to M4-12 Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools Machining Setup Quality control Estimated Total cost Estimated Cost Driver $699,600 22,000 machine hours 108,120 530 batches 168,560 980 inspections M4-10 (Algo) Calculating Activity Rates for ABC System (LO 4.4) Compute the activity rates for each of the following activity cost pools: (Round your answers to 2 decimal places.) Machining Setup Costs Quality Control per Machine Hour per Batch per Inspection