4 t 1 of 2 Required information Exercise 4-8 (Algo) Computing ABC Product Costs (L04-2, LO4-3) 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: ats is Poats Direct Labor- Annual Hours per unit Production 26,000 units 0.60 $4,000 units Print forences Additional information about the company follows: a. Rims require $17 in direct materials per unit, and Posts require $14. b. The direct labor wage rate is $20 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: Activity Coat Pool Machine setup Special processing General factory Activity Measure Number of setup Machine-hours Direct Labor-hours Estimated Activity Estimated Overhead Cont Rins Posts $ 39,400 NO 320 $ 146.160 3,000 0 $ 1.092,000 15,500 50,400 Total 400 3,000 56,000 Fyrcice de toamna Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Machine setups Special processing General factory Activity Rate per setup Per MH por DLH 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 Rims Unit product cost of Posts