Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours: Hubs Sprockets per Unit 0.70 0.30 Annual Production 21,000 units 46,000 units Additional information about the company follows: a. Hubs require $39 in direct materials per unit, and Sprockets require $19. b. The direct labor wage rate is $13 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: Estimated Overhead Activity Cost Hubs $ 32,625 145 Sprockets 116 $ 180,000 $ 221,700 3,600 0 NA NA Total 261 3,600 NA 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