1 Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: ts Direct Labor Hours per Unit 0.60 0.20 Hubs Sprockets Annual Production 25,000 units 45,000 units 00:34:36 eBook Print Additional information about the company follows: a. Hubs require $29 in direct materials per unit, and Sprockets require $11. b. The direct labor wage rate is $20 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special processing. d. The company's activity-based absorption costing system has the following activity cost pools: eferences Activity Cost Pool and Activity Measure) Machine setups (number of setups) Special processing (nachine-hours) General factory (Direct labor-hours) Estimated Overhead Cost $ 24,840 $164,500 $336,000 Expected Activity Hubs Sprockets Total 92 207 4,700 e 4,700 15,000 9,000 24,000 115 00:34:15 Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the unit product cost for Hubs and Sprockets using activity based absorption costing. -Book Complete this question by entering your answers in the tabs below. Print Terences Required 1 Required 2 Compute the activity rate for each activity cost pool Activity Cost Pool Machine setups Special processing General factory Activity Rate per setup per MH per DLH K Red 1 Required 2 > ints 00:34:02 Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the unit product cost for Hubs and Sprockets using activity based absorption costing. eBook Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Compute the unit product cost for Hubs and Sprockets using activity based absorption costing. (Do not round Intermediate calculations, Round your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Manufacturing overhead Unit product cost