ded Homework i Saved Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Direct Labor- Hours per unit Rims Posts 0.70 0.70 Annual Production 26,000 units 90,000 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 $18 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: Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Exercise 4-8 (Algo) Part 1 Estimated Activity Estimated Overhead Cost $ 42,300 Rims Posts Total 120 $ 162,000 $ 936,000 4,000 18,200 80 0 63,000 200 4,000 81,200 Check Activity Cost Pool Machine setups Special processing General factory Estimated Activ Activity Measure Estimated Overhead Cost Rims F Number of setups $ 42,300 120 Machine-hours $ 162,000 4,000 Direct labor-hours $ 936,000 18,200 63 ok Exercise 4-8 (Algo) Part 1 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal pl int ences Machine setups Activity Cost Pool Special processing General factory Activity Rate per setup per MH per DLH C aw O Search S < Prev 45 of 7 Next > LO c. Rims are more complex to manufacture than Posts and they require special equipment. d. The ABC system has the following activity cost pools: Activity Cost Pool Machine setups Special processing General factory ok Exercise 4-8 (Algo) Part 2 nt ences Estimated Activity Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 42,300 Rims 120 Posts 80 $ 162,000 4,000 0 $ 936,000 18,200 63,000 2. Determine the unit product cost of each product according to the ABC system. (Do not round in your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts S