Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor Hours per Annual Unit Production 0.5e 25,000 units @.10 45 , units Hubs Sprockets Additional information about the company follows: a. Hubs require $27 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $15 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) Estimated Overhead Cost $ 16,200 $123,000 $ 80,000 Hubs 75 4,100 NA Activity Sprockets Total 60 135 4,100 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. 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 Cost Pool Activity Rate per setup Machine setups Special processing per MH Prey 2 of Additional information about the company follows: a. Hubs require $27 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $15 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprc d. The ABC system has the following activity cost pools: Acti Sproc Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Estimated Overhead Cost $ 16,200 $123,000 $ 80,000 Hubs 75 4,100 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. 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 rou your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Overhead Unit cost