Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit 0.90 0.50 Hubs Sprockets Annual Production 14,000 units 48,000 units Additional information about the company follows: a. Hubs require $26 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $16 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 Sprockets 68 0 NA Total 153 5,000 NA Latinated Overhead ctivity Coat Pool (Activity Measure Cont Hube Machine stupa number of setupa) $ 15,300 special processing machine-hours) $ 250,000 5,000 General factory organisation-sustaining) $ 348,600 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 Savod Ch7 HWK ? 6 68 0 NA 153 5,000 NA Machine setups (number of setups) $ 15,300 85 Special processing machine-hours) $ 250,000 5,000 General factory (organization-sustaining) $ 348,600 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 2 points Book Complete this question by entering your answers in the tabs below. Referencer Required 1 Required 2 Compute the activity rate for each activity cost pool Activity Cost Pool Activity Rate Machine setup per setup Special processing per MH Required Required 2 >