Fogerty Company makes two productstitanium Hubs and Sprockets. Data regarding the two products follow:

Direct

Labor-Hours per UnitAnnual

ProductionHubs0.7019,000unitsSprockets0.3055,000units

Additional information about the company follows:

1. Hubs require $27in direct materials per unit, and Sprockets require $17.
2. The direct labor wage rate is $11per hour.
3. Hubs require special equipment and are more complex to manufacture than Sprockets.
4. The ABC system has the following activity cost pools:

Activity Cost Pool (Activity Measure)Overhead CostHubsSprocketsTotalMachine setups (number of setups)$20,5209576171Special processing (machine-hours)$215,0004,30004,300General factory (organization-sustaining)$145,300NANANA

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.

Compute the activity rate for each activity cost pool.

Activity Cost Pool . Activity Rate

Machine setups ( ) per setup

Special processing ( ) per MH

Determine the unit product cost of each product according to the ABC system.(Do not round intermediate calculations. Round your answers to 2 decimal places.)

Hubs Sprockets

Direct materials ( ) ( )

Direct labor ( ) ( )

Overhead ( ) ( )

Unit cost . ( ) ( )