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 10,000 units 51,000 units Additional information about the company follows: a. Hubs require $38 in direct materials per unit, and Sprockets require $18. 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 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. Estimated Overhead. Activity Cost $ 32,625 Huba Sprockets 145 116 $276,000 4,600 0 $ 210,000 NA NA Totall 261 4,600 NA 2. Determine the unit product cost of each product according to the ABC system. 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Rate Activity Cost Pool Machine setups Special processing per setup per MH 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculation your answers to 2 decimal places.) Direct materials Direct labor Overhead Unit cost Hubs Sprockets