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 Expected Costs $660,000 Expected Activity 100,000 parts 935,000 140,000 1,500 batches 700 orders 210,000 335,000 110,000 500 invoices 40,000 square feet 2 models Designing packaging Required: Compute the activity rate for each activity, assuming the company uses activity-based costing. (Round activity rate answers to 2 decimal places.) Activity Expected Costs Activity Driver Activity Rate Handling material $ 660,000 100,000 parts Inspecting product 935,000 1,500 batches Processing orders 140,000 700 orders Paying suppliers 210,000 500 invoices Insuring factory 335,000 40,000 square feet Designing packaging 110,000 2 models $ 2,390,000