1. Compute the activity rate for each activity cost pool Activin Cost Pool Machine setups Special processing General factory Activity Rate per setup per MH per DLH 2 Determine the unit cost of each product according to the ABC system, including direct materials and direct labour. (Round your intermediate calculations and final answers to 2 decimal places.) Rims Posts Unit cost High-Calibre Products Corporation makes two products: titanium rims and posts. Data regarding the two products follow. Direct Labour Hours per Unit 0.60 0.30 Ris Posts Annual Production 30,000 units 130,000 units Additional information about the company follows: a. Rims require $12 in direct materials per unit, and posts require $5. b. The direct labour wage rate is $17 per hour. Rims are more complex to manufacture than posts, and they require special equipment The ABC system has the following activity cost pools Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labour-hours Estimated Overhead Cost $36,400 $330,000 $1,254,000 Posts Rins 150 6,000 18,000 130 e 39,000 Total 280 6,000 57,000