Required information E4-3, E4-4 and E4-5 Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $345, 220 Number of machine hours 79,900 Number of design hours 70,983 Number of batches Estimated Cost Driver 84,200 8,500 495 E4-3 (Algo) Calculating Activity Rates, Classifying Activities (LO 4-2, 4-4] Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate ning Activity Machining Design Costs Setup per Machine Hour per Design Hour per Batch Required 1 Required 2 Classify each activity as facility, product, batch, or unit level. Machining Design Setup