Fogerty Company makes two productstitanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit Annual Production Hubs 6.86 16,666 units Sprockets 6.46 46,666 units Additional information about the company follows: a lubs require $32 in direct materials per unit. and Sprockets require $18. b. The direct labor wage rate is $15 per hour. c. lubs 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 Machine setups (number of setups) $ 72,666 166 366 Special processing {machine-hours} $ 266,666 5,666 6 General factory (organization-sustaining) $ 816,666 NA NA 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. Total 466 5,999 NA Activity Cost Pool Activity Rate Machine setups per setup Special processing per MH