Additional Information about the company follows: a. Hubs require $29 in direct materials per unit, and Sprockets require $11 b. The direct labor wage rate is $12 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: Estimated Overhead Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-asustaining) Cost $15,525 $ 189,000 203, 800 Activity Sprocketa 60 Hubs Total 75 4,200 NA 135 4,200 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.