Required information

M$4-10$ to M$4-12$

Lakeside Incorporated manufactures four lines of remote control boats and uses activity$-$based costing to calculate product cost.

$\backslash$table$[[,$Estimated,$],[$Activity Pools,Total Cost,Estimated Cost Driver,,$],[$Machining$,$$$435,000,15,000$ machine hours,,$],[$Setup$,78,195,390$ batches,,$],[$Quality control,$120,960,840$ inspections,,$]]$

M$4-10($Algo$)$ Calculating Activity Rates for ABC System $[$LO $4-4]$

Required:

Compute the activity rates for each of the following activity pools.

Note: Round your answers to $2$ decimal places.

$\backslash$table$[[$Machining$,,$per Machine Hour$],[$Setup$,,$per Batch$],[$Quality Control,,per Inspection$]]$