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Fogerty Company makes two products-Hubs and Sprockets. Data regarding the two products follow: Additional information about the company follows: a. Hubs require $31 in direct

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Fogerty Company makes two products-Hubs and Sprockets. Data regarding the two products follow: Additional information about the company follows: a. Hubs require $31 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $20 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: 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. Compute the activity rate for each activity cost pool. 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.)

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