Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.80 22,000 units 0.40 54,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $38 in direct materials per unit, and Sprockets require $19. b. The direct labor wage rate is $13 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 Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Estimated Overhead Cost $ 13,500 $2$6,500 $320,000 Activity Hubs Sprockets Total 75 60 135 4,300 0 4,300 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