0 Required information [The following Information applies to the questions displayed below] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor- Annual Hours per unit Production Rims 6.66 19,666 units Posts 6.56 ?8,666 units Additional information about the company follows: a. Rims require $16 in direct materials per unit, and Posts require $12. b. The direct labor wage rate is $17 per hour. c. Rims are more complex to manufacture than Posts and they require special equipment. d. The ABC system has the following activity cost pools: Estimated Activity Estimated Activity Cost Pool Activity Measure Overhead Cost Rims Posts Total Machine setups Number of setups $ 2?,366 116 196 366 Special processing Machinehours $ 144,366 3,666 6 3,666 General factory Direct laborhours $ 5?6,666 11,466 39,666 56,466 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Machine setups - per setup Special processing - per MH General factory - 2. Determine the unit product cost of each product according to the ABC system. {Do not. round intermediate calculations. Round your nal answers to 2 decimal places.:: Unit product cost of Rims Unit product cost of Posts