Could you help me with my homework, thank you! [if it is a equation problem, please provide the steps]

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Required information [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 - Hours Annual per unit Production Rims 0. 60 22,000 units Posts 0. 20 80,000 units Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. 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: Estimated Activity Estimated Overhead Activity Cost Pool Activity Measure Cost Rims Posts Total Machine setups Number of setups tA 27, 200 120 280 400 Special processing Machine-hours $ 130, 400 5,000 5,000 General factory Direct labor-hours $1, 056,000 5,000 61,000 66,000 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Activity Rate Machine setups per setup Special processing per MH General factory per DLH [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 - Hours Annual per unit Production Rims 0. 60 22, 000 units Posts 0. 20 80, 000 units Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. 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: Estimated Activity Estimated Overhead Activity Cost Pool Activity Measure Cost Rims Posts Total Machine setups Number of setups LA 27, 200 120 280 400 Special processing Machine-hours $ 130, 400 5,000 5,000 General factory Direct labor-hours $1, 056, 000 5,000 61, 000 66,000 . . ....- d. The ABC system has the following activity cost pools: Estimated Activity Estimated Overhead Activity Cost Pool Activity Measure Cost Rims Posts Machine setups Number of setups LA 27, 200 120 280 Special processing Machine-hours $ 130,400 5,000 General factory Direct labor-hours $1, 056,000 5,000 61, 000 2. Determine the unit product cost of each product according to the ABC system. (Do not round in Round your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts Saved Help Save & Exit Submi Kunkel Company makes two products and uses a conventional costing system in which a single plantwide predetermined overhead rate is computed based on direct labor-hours. Data for the two products for the upcoming year follow: Mercon Wurcon Direct materials cost per unit 14.00 11.00 Direct labor cost per unit to to 10.00 6A tA 13.00 Direct labor-hours per unit 1.00 12.50 Number of units produced 000'T 2,000 These products are customized to some degree for specific customers. Required: 1. The company's manufacturing overhead costs for the year are expected to be $780,000. Using the company's conventional costing system, compute the unit product costs for the two products. 2. Management is considering an activity-based costing system in which half of the overhead would continue to be allocated on the basis of direct labor-hours and half would be allocated on the basis of engineering design time. This time is expected to be distributed as follows during the upcoming year: Mercon Wurcon Total Engineering design time (in hours) 4,000 4,000 8,000 Compute the unit product costs for the two products using the proposed ABC system. (For all requirements, do not round intermediate calculations. Round your final answers to 2 decimal places.)