Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Annual Unit Production 0.70 28,000 units 0.30 52,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $25 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $17 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 Total Estimated Overhead Cost $ 18,900 $222,000 $222,400 80 Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing machine-hours) General factory (organization-sustaining) 180 Hubs 100 3,700 NA 3,700 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