6 Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: 2 points Direct Labor- Hours per Annual Unit Production 0.50 12,000 units 0.10 44,000 units eBook Hubs Sprockets References Additional information about the company follows: ^ a. Hubs require $28 in direct materials per unit, and Sprockets require $15, b. The direct labor wage rate is $18 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 $ 15,120 $152,000 $ 67,600 Hubs 80 3,800 NA Sprockets Total 64 144 0 3,800 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. 6 2. Determine the unit product cost of each product accord Complete this question by entering your answers in 2 points Required 1 Required 2 eBook Compute the activity rate for each activity cost pool. References Activity Cost Pool Machine setups Special processing Activity Rate per setup per MH