and determine the unit cost of each product according to the ABC system, including direct materials and direct labour

Direct Labour- Hours per Unit 0.40 0.20 Rims Posts Annual Production 20,000 units 80,000 units Additional information about the company follows: a. Rims require $17 in direct materials per unit, and posts require $10. b. The direct labour wage rate is $16 per hour. c. Rims are more complex to manufacture than posts, and they require special equipment. d. The ABC system has the following activity cost pools: Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labour-hours Estimated Overhead Cost $21,600 $180,000 $288,000 Rims 100 4,000 8,000 Posts 80 0 16,000 Total 180 4,000 24,000 Required: 1. Compute the activity rate for each activity cost pool. Activity Rate per setup Activity Cost Pool Machine setups Special processing General factory per MH per DLH