Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go karts: Deluxe and Basic. Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $690,000 965,000 170,000 240,000 365,000 140,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Required: Compute the activity rate for each activity, assuming the company uses activity-based costing. (Round activity rate answers to 2 decimal places.) Expected Costs Activity Driver Activity Rate $ 690,000 100,000 parts 965,000 1,500 batches Activity Handling material Inspecting product Processing orders Paying suppliers Insuring factory Designing packaging 170,000 700 orders 240,000 500 invoices 365,000 40,000 square feet 140,000 2 models $ 2,570,000