Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours Hubs Sprockets per Unit 0.80 0.40 Annual Production 30,000 units 52,000 units Additional information about the company follows: a. Hubs require $32 in direct materials per unit, and Sprockets require $15. b. The direct labor wage rate is $20 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 Hubs Sprockets Total 145 116 261 3,700 0 $ 377,600 NA NA 3,700 NA Cost $ 32,625 $ 129,500 2. Determine the unit product cost of each product according to the ABC system.