4 2013 Part 2 of 2 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 25,000 unita 0.80 80.000 units Additional information about the company follows: a. Rims require $19 in direct materials per unit, and Posts require $17. b. The direct labor wage rate is $15 per hour Rims are more complex to manufacture than Posts and they require special equipment d. The ABC system has the following activity cost pools 02 points Ni Posta 0.50 Book P Haferent Activity coat Pool Machine stupo Special processing General factory Activity Measure Number of setup Machine-hours Direet labor-hour Etted MELVIS Eatinated Overhead Cost Rina Posts $ 26,400 70 430 $ 163,680 4.500 0 500,000 12,500 70,400 Total 500 4,000 02.000 2. Determine the unit product cost of each product according to the ABC system (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Unit product cost of Rima Unit product cost of Posts 5 Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below: 02 points Xactive Pathbreaker Direct materials per unit $ 65.80 5 52.00 Direct labor cont per unit $ 19.20 $14.00 Direct labor-hours per unit 1.6 DLA 1 DLA Estimated annual production and sales 35,000 units 85,000 units The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Dato concerning manufacturing overhead and direct labor-hours for the upcoming year appear below ak Pran Reference Tarinated total manufacturing overhead $2,814,000 Kotimated total direct labor-hours 134,000 LHS Required: 1-a. Compute the predetermined overhead rate based on direct labor hours. 1-6. Using the predetermined overhead rate and other data from the problem, determine the unit product cost of each product 2. The company is considering replacing its conventional costing system with an activity based costing system that would assign its manufacturing overhead to the following four activity cost pools: Estimated spected activity Activity Cost Pools and Activity Menures) Overhead Coat Xactive Pathbreaker Total Supporting direct labor direct labor-hours) 5 1,038,500 49,000 85,000 134,000 Bateh setups (setupa) 1.100,000 300 200 Product staining number of producto) 502, 500 1 General factory (nachine-hours) 53,000 3,500 0,500 12,000 Total manufacturing overhead cost $ 2,614,000 500 1 2 Determine the activity rate for each of the four activity cost pools. 3. Using the activity rates and other data from the problem, determine the unit product cost of each product. Complete this question by entering your answers in the tabs below