Check my work 5 Required information Exercise 4-8 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 Part 2 of 2 2.14 points Direct Wabor-Hours per unit 0.30 0.20 Annual Production 29,000 units 86,000 units Rins Posts 8 023735 Additional information about the company follows: a. Rims require $18 in direct materials per unit, and Posts require $14, b. The direct labor 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: eBook Print Estimated Activity References $ Estimated Overhead Cost 42,140 $ 131,580 $1,479,000 Activity Measure Number of setups Machine-hours Direct labor-hours Activity Cost Pool Machine setups Special processing General factory Rims 1ee 2.000 Posts 100 @ 78,000 Total 200 2.000 87.ee 9,000 Exercise 4-8 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.) Mart 2 of 2 Additional information about the company follows: a. Rims require $18 in direct materials per unit, and Posts require $14. b. The direct labor wage rate is $16 per hour. c. Rims are more pomplex to manufacture than Posts and they require special equipment. d. The ABC system has the following activity cost pools: 11 its 02:37:10 Estimated Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 42, 140 $ 131,580 $1,479,000 Rims 100 2,000 9,000 Posts 100 @ 78,000 Total 200 2,000 87,000 Book int Exercise 4-8 Part 2 3 nces 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