Fogerty Company makes two products$$titanium Hubs and Sprockets. Data regarding the two products follow:

Direct Labor$-$Hours per Unit Annual Production

Hubs $0\mathrm{.}7029,000$ units

Sprockets $0\mathrm{.}3058,000$ units

Additional information about the company follows:

Hubs require $$29$ in direct materials per unit, and Sprockets require $$15.$

The direct labor wage rate is $$18$ per hour.

Hubs require special equipment and are more complex to manufacture than Sprockets.

The ABC system has the following activity cost pools:

Activity Cost Pool $($Activity Measure$)$ Estimated Overhead Cost Activity

Hubs Sprockets Total

Machine setups $($number of setups$)$ $ $31,590130104234$

Special processing $($machine$-$hours$)$ $ $192,0004,80004,800$

General factory $($organization$-$sustaining$)$ $ $194,300$ NA NA NA

Required:

Compute the activity rate for each activity cost pool.

Determine the unit product cost of each product according to the ABC system.