Apps on Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow Direct Labor-Hours per unit 0.40 0.60 Annual Production 26,000 units 88,000 units Rims Additional information about the company follows: a. Rims require $20 in direct materials per unit, and Posts require $18. b. The direct labor wage rate is $18 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: Estimated Activity Activity Cost Pool Machine setups Special processing General factory Estimated Overhead C ost $ 28,160 $164.560 $7800 780.000 Activity Measure Number of setups Machine-hours Direct labor-hours Posts 90 Rims 110 2.000 4000 Total 200 2,000 52.000 48.000 A. 10.00 points Required: 1. Compute the activity rate for each activity cost pool. (Round your final answers to 2 decimal places.) Activity Cost Pool Activity Rate Machine setups per setup Special processing per MH General factory per DLH 2. Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculation. Round your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts References eBook & Resources Worksheet Learning Objective: 03-02 Compute activity rates for an activity-based costing system Difficulty: 2 Medium Learning Objective: 03-03 Compute product costs using activity-based costing. Check my work