Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Hubs Sprockets Direct Labor-Hours per Unit 0.50 0.10 Annual Production 27,000 units 45,000 units Additional information about the company follows: a. Hubs require $29 in direct materials per unit, and Sprockets require $20. 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: Estimated Overhead Activity Activity Cost Pool (Activity Measure) Cost Hubs Machine setups (number of setups) Special processing (machine-hours) $ 24,300 135 Sprockets 108 Total 243 General factory (organization-sustaining) $ 175,000 $ 63,000 3,500 0 NA NA 3,500 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 Machine setups Special processing Activity Rate per setup per MH