Fogerty Company makes two productstitanium Hubs and Sprockets- Data regarding the two products follow: Direct LaborHours per Unit Annual Production Hubs 8.68 15,888 units Sprockets 8.28 59,888 units Additional information about the company follows: a. Hubs require $31 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $15 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) $ 24,848 128 95 215 Special processing (machine-hours) $ 198,688 3,588 8 3,680 General Factory (organization-sustaining] $ 138,888 NA MA MB: 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. 0 Answer is not complete. Complete this question by entering your answers in the tabs below. Requiredl Requide Machine setups $ 95 6 Special processing 55 25 perMH Fogerty Company makes two productstitanium Hubs and Sprockets. Data regarding the two products follow: Direct LaborHours per Unit Annual Production Hubs 8.68 15,888 units Sprockets 8 . 2'8 59, 888 units Additional information about the company follows: a. Hubs require $31 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $15 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: Estinated Overhead Activity Activity Cost Pool (Activity Measure) Cost Hubs Sprockets Total Machine setups (number of setups) $ 24,848 128 '35 216 Special processing (machinehours) $ 198,888 3,688 8 3,680 General factory (organizationsustaining] $ 138,888 NA 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. l o Amwer is not complete. Complete this qneslion by entering your answers in the tabs below. Required 1 Required 2 Direct rn aterials Direct la bor Overhead