find machine setups per setup

special processing. per Mh

general factory. per DLH

DIRECT materials. hubs. sprockets

direct labor. hubs. sprockets

manufacturing overhead. hubs. sprickets

unit product cost. hubs. sprockets

Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Unit 0.80 0.40 Hubs Sprockets Annual Production 17,000 units 60,000 units ces Additional information about the company follows: a. Hubs require $28 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $13 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special processing. d. The company's activity-based absorption costing system has the following activity cost pools: Estimated Expected Activity Overhead Activity Cost Pool (and Activity Measure) Cost Hubs Sprockets Machine setups (number of setups) 14,175 60 135 Special processing (machine-hours) $ 171,500 4,900 4,900 General factory (Direct labor-hours) $ 413,600 13,600 24,000 37,600 Total $ 75 0 Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the unit product cost for Hubs and Sprockets using activity based absorption costing, Complete this question by entering your answers in the tabs below