Fogerty Company makes two products-Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours Hubs Sprockets per Unit 0.60 0.20 Annual Production 10,000 units 53,000 units Additional information about the company follows: a. Hubs require $27 in direct materials per unit, and Sprockets require $12. b. The direct labor wage rate is $18 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 Overhead Activity Cost Pool (and Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (Direct labor-hours) Cost $ 18,810 Hubs 110 Expected Activity Sprockets 88 Total 198 $ 150,500 4,300 0 4,300 $ 99,600 6,000 10,600 16,600 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. Required 1 Required 2 Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Direct materials Direct labor Manufacturing overhead Unit product cost Hubs Sprockets $ 0.00 $ 0.00 < Required 1 Required 2 >