5 Part 2 of 2 2.14 points 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: Direct Labor Annual Hours per unit Production 27,000 units e.se 75,000 units Additional information about the company follows: a Rims require $12 in direct materials per unit, and Posts require $10, b. The direct labor wage rate is $20 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: 0.30 Rims Posts BOOK Paint References Estimated Activity total Activity Cost Pool Machine setups Special processing General factory Posts 50 Estimated Overhead Cost $ 30,000 $ 121,500 $ 756,000 Activity Measure Number of setups Machine-hours Direct labor-hours Rins 100 6,000 8,109 150 5.000 45,660 37,500 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 $ $ 26.03 30 21