Fogerty Company makes two productstitanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.60 14,000 units 0.20 47,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $20 in direct materials per unit, and Sprockets require $19. b. The direct labor wage rate is $18 per hour c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Activity Cost Pool Activity Weasure) Machine setups (number of setups) Special processing Grachine-hours) General factory (organization sustaining) Estimated Overhead Cost $ 12, 825 $ 80,000 $196,400 Activity Hubs Sprockets Total 75 60 135 4,300 0 4,300 NA NA NA Required: 1. Compute the activity rate for each activity cost pool 2 Determine the unit product cost of each product according to the ABC system