5 Check my work Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: 5 points Direct Labor- Hours per Annual Unit Production 0.80 29,000 units 0.40 41,000 units eBook Hubs Sprockets Print References Additional information about the company follows: a. Hubs require $34 in direct materials per unit, and Sprockets require $18. b. The direct labor wage rate is $11 per hour. C. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Activity Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Estimated Overhead Cost $ 26,910 $269,500 $121,600 Hubs Sprockets Total 130 104 234 4,900 0 4,900 NA NA NA Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. Mc Graw CH7 HW Saved Help Save & Exit Sub Check my wo! 5 130 104 234 Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) $ 26,910 $269,500 $121,600 4,900 NA 4,900 NA NA 5 polnts Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. eBook Complete this question by entering Sur answers in the tabs below. Print References Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Machine setups Activity Rate per setup per MH Special processing Required 2 H7 HW A Saved Help Save & Exit Submit Check my work 5 130 104 234 Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) $ 26,910 $269,500 $121,600 0 4,900 NA 4,900 NA E NA olnts Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. eBook Complete this question by entering your answers in the tabs below. Print References Required 1 Required 2 Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Overhead Unit cost