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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

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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: Ine company just completed a single order from Interstate Trucking for 1,500 custom seat cushions. The order was produced in two batches. Each seat cushion required 0.4 direct labor-hours. The selling price was $141.70 per unit, the direct materials cost was $107 per unit, and the direct labor cost was $14.80 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. Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Additional information about the company follows: a. Hubs require $20 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $17 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: 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. Compute the activity rate for each activity cost pool. Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product acco Complete this question by entering your answers in Determine the unit product cost of each product according to your answers to 2 decimal places.)

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