Fogerty Company makes two productstitanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor Hours per Unit 0.90 0.50 Hubs Sprockets Annual Production 25,000 units 44,000 units Tot Additional information about the company follows: a. Hubs require $23 in direct materials per unit and Sprockets require $11 b. The direct labor wage rate is $10 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 cost $ 21,600 $ 129,000 $ 667,500 Activity Cost Pool (and Activity Measure) Machine setups (number of ps) Special processing machine hours) General factory (Direct labor hours) Expected Activity Hubs Sprockets Total 30 100 4,300 4,300 22,500 22.000 44,500 100 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 ces Compute the activity rate for each activity cost pool. Activity Cost Pool Activity Rate Machine setups per setup Special processing per MH General factory per DLH Required Required 2 > Required 1 Required 2 ok ences 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.) Hubs Sprockets Direct materials Direct labor Manufacturing overhead Unit product cost