Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Hubs Sprockets Direct Labor- Hours per Unit Annual Production 0.90 20,000 units 0.50 58,000 units Additional information about the company follows: a. Hubs require $28 in direct materials per unit, and Sprockets require $19. b. The direct labor wage rate is $12 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 Activity Overhead Cost Hubs $ 33,750 150 Sprockets 120 Total 270 $ 78,000 3,900 3,900 $569,000 NA 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