Check my w Exercise 4-8 (Algo) Computing ABC Product Costs (L04-2, L04-3) [The following information applies to the questions displayed below.] Performance Products Corporation makes two products, titanium Rims and Posts Data regarding the two products follow Direct Labor- Annual Hours per unit Production Rins 0.30 28,080 units 0.60 76,000 units Additional information about the company follows: a Rims require $17 in direct materials per unit, and Posts require $15. b. The direct labor wage rate is $15 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 Posts w Estimated Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 32,400 $ 145,160 $ 728,000 Rims 120 2,000 8,400 Posts 280 e 45,600 Total 400 2,000 54, eee Estimated Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 30,480 $ 145,160 $ 728,000 Rims 120 2,000 8,480 Posts 280 a 45,600 Total 400 2,eee 54,000 Exercise 4-8 (Algo) Part 2 2 Determine the unit product cost of each product according to the ABC system (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts