Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Hubs Sprockets Unit 0.50 0.10 Annual Production 24,000 units 54,000 units Additional information about the company follows: a. Hubs require $26 in direct materials per unit, and Sprockets require $11. 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) 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 Hubs Sprockets $ 31,590 135 108 Total 243 $ 114,000 3,800 3,800 $ 103,800 NA 2. Determine the unit product cost of each product according to the ABC system.