Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Hubs Sprockets Direct Labor-Hours per Unit 0.60 0.20 Annual Production 22,000 units 42,000 units Additional information about the company follows: a. Hubs require $32 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $11 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) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Required: 1. Compute the activity rate for each activity cost pool. Cost Estimated Overhead Activity Hubs Sprockets Total 150 120 4,100 0 NA NA 270 4,100 NA $ 32,400 $ 102,500 $ 97,200 2. Determine the unit product cost of each product according to the ABC system