Direct Labor- Hours per Unit 0.50 0.10 Annual Production 21,000 units 55,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $29 in direct materials per unit, and Sprockets require $17. b. The direct labor wage rate is $16 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Activity Estimated Overhead Cost $ 19,890 $ 87,500 $115,000 Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Hubs 85 Sprockets Total 68 153 3,500 NA NA 3,500 NA Dashboard 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Hubs Sprockets Direct materials $ 93,500.00 $ 304,500.00 56,000.00 Direct labor Overhead Unit cost $ 360,500.00 $ 93,500.00