Foam Products, Incorporated, makes foam seat cushions for the automotive and aerospace industries. The company's activity-based costing system has four activity cost pools, which are listed below, along with their activity measures and activity rates: Activity Cost Pool Activity Measure Supporting direct labor Number of direct labor-hours Batch processing Order processing Customer service Number of batches Number of orders Number of customers Activity Rate $10 per direct labor-hour $90 per batch $ 286 per order $ 2,602 per customer The company just completed a single order from Interstate Trucking for 2,800 custom seat cushions. The order was produced in four batches. Each seat cushion required 0.3 direct labor-hours. The selling price was $141.10 per unit, the direct materials cost was $102 per unit, and the direct labor cost was $14.20 per unit. This was Interstate Trucking's only order during the year. Required: Calculate the customer margin on sales to Interstate Trucking for the year. Interstate Trucking Customer Margin-ABC Analysis ces Costs 0 Customer margin $ 0 ok nt Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours Hubs Sprockets per Unit 0.60 0.20 Annual Production 14,000 units 48,000 units Additional information about the company follows: a. Hubs require $31 in direct materials per unit, and Sprockets require $15. b. The direct labor wage rate is $12 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: ences Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Required: 1. Compute the activity rate for each activity cost pool. Cost $ 23,400 Estimated Overhead Hubs Activity Sprockets Total 100 3,600 80 180 0 NA NA 3,600 NA $ 90,000 $ 190,800 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 I Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Machine setups Special processing Activity Rate. per setup per MH Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours: Hubs Sprockets per Unit 0.60 0.20 Annual Production 14,000 units 48,000 units Additional information about the company follows: a. Hubs require $31 in direct materials per unit, and Sprockets require $15. b. The direct labor wage rate is $12 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: nces Activity Cost Pool (Activity Measure) Machine setups (number of setups). Special processing (machine-hours) Estimated Overhead Cost $ 23,400 $ 90,000 Hubs 100 Activity Sprockets Total 80 180 3,600. 0 3,600 $ 190,800 NA NA NA General factory (organization-sustaining) Required: 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.) Hubsi Sprockets Direct materials Direct labor Overhead Unit cost $ 0.00 $ 0.00