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Can anyone help me with this? Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Annual Production
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Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Annual Production 19,000 units Sprockets 0.30 59,000 units Additional information about the company follows: Unit 8.70 Hubs a. Hubs require $34 in direct materials per unit, and Sprockets require $17. b. The direct labor wage rate is $14 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 Sprockets 88 110 Estimated Overhead Activity Cost Pool Activity Measure) Cost Hubs Machine setups (number of setups) $ 27,720 Special processing machine-hours) $ 202,500 4,500 General factory (organization sustaining) $ 172,600 NA Required: 1 Compute the activity rate for each activity cost pool 2. Determine the unit product cost of each product occording to the ABC system, Total 198 4,500 NA NA Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the unit product cost of each product according to the ABC wystem (Do not round intermediate calculations. Round your answers to 2 decimal places.) Hubis Sprockets Direct materials Direct labor Overhead Unit 5 0.00 5 0.00 Step by Step Solution
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