Ch Fogerty Company makes two products-itanium Hubs and Sprockets. Data regarding the two p Direct Labor- Hours per Unit 0.50 ual Production 16,000 units 49,000 units Hubs Sprockets 0.10 Additional information about the company follows: a. Hubs require $36 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $17 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: Estinated Overhead Expected Activity Activity Cost Pool (and Activity Measure) Machine setups (number of setups) Special processing (nachine-hours) General factory (Direct labor-hours) Hubs 120 s 114,000 3,800 s 154,800 8,000 Sprockets Cost $24,840 tal 216 96 0 3,800 4,900 12,900 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