Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours Hubs Sprockets per Unit 0.60 0.20 Annual Production 20,000 units 42,000 units Additional information about the company follows: a. Hubs require $24 in direct materials per unit, and Sprockets require $12. b. The direct labor wage rate is $17 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 Sprockets Total Machine setups (number of setups) Special processing (machine-hours) $ 26,460 140 112 252 General factory (organization-sustaining) $ 236,500 $ 87,600 4,300 0 , 4,300 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.