Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Unit Annual Production Hubs 0.70 0.30 57,000 units 11,000 units Sprockets Additional information about the company follows: a. Hubs require $26 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $17 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: Estinated Activity Overhead Activity Cost Pool (Activity Measure) Machine setups (number of setups) Cost Hubs Sprockets Total 15,840 80 64 144 Special processing (machine-hours) General faetory (organization-sustaining) $220,500 4,900 C 4,900 $212,900 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