Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours Hubs Sprockets per Unit Annual Production 0.60 28,000 units 0.20 50,000 units. Additional information about the company follows: a. Hubs require $25 in direct materials per unit, and Sprockets require $14. 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: Estimated Activity Activity Cost Pool (Activity Measure) Overhead Cost $ 31,320 $203,500 Hubs Sprockets Total 145 3,700 116 0 261 3,700 $ 86,800 NA NA NA Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) 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.