Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Hubs Sprockets Unit 0.90 0.50 Annual Production 13,000 units 42,000 units Additional information about the company follows: a. Hubs require $33 in direct materials per unit, and Sprockets require $17. b. The direct labor wage rate is $14 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 Measure) Estimated Overhead Cost $ 27,945 $ 92,000 Hubs 115 Activity Sprockets 92 Total 4,600 0 $ 221,700 NA NA 207 4,600 NA Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) 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.