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Additional information about the company follows: a. Hubs require $37 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate
Additional information about the company follows: a. Hubs require $37 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $11 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special processing. d. The company's activity-based absorption costing system has the following activity cost pools: Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing. Complete this question by entering your answers in the tabs below. Compute the activity rate for each activity cost pool. Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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