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Fogerty Company makes two products - Hubs and Sprockets. Data regarding the two products follow: Required: Compute the activity rate for each activity cost pool.

Fogerty Company makes two products-Hubs and Sprockets. Data regarding the two products follow:
Required:
Compute the activity rate for each activity cost pool.
Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing.
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Compute the activity rate for each activity cost pool.
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