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 12,000 units 44,000 units Additional information about the company follows: a. Hubs require $35 in direct materials per unit, and Sprockets require $17. b. The direct labor wage rate is $19 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) Cost Hubs Expected Activity Sprockets Total Machine setups (number of setups) Special processing (machine-hours) General factory (Direct labor-hours) $ 26,910 130 104 234 $ 95,000 3,800 0 3,800 $ 112,000 7,200 8,800 16,000 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.