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 Expected Costs Expected Activity Handling materials $690, 000 100,000 parts Inspecting product 965, 000 1, 500 batches Processing purchase orders 170, 000 700 orders Paying suppliers 240, 000 500 invoices Insuring the factory 365, 000 40, 000 square feet Designing packaging 140, 000 2 models k Required: ices 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 $ 690,000 100,000 parts Inspecting product 965,000 1,500 batches Processing orders 170,000 700 orders Paying suppliers 240,000 500 invoices Insuring factory 365,000 40,000 square feet Designing packaging 140.000 2 models $ 2,570,000