Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow. Direct Labor- Hours per Annual Unit Production 8.80 18,000 units 0.40 50,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $28 in direct materials per unit, and Sprockets require $20. b. The direct labor wage rate is $11 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 Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Estimated Overhead Cost $ 20,798 $258,500 $174,400 Hubs Sprockets Total 110 88 198 4,700 4,700 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