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Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow Direct Labor-Hours per Unit 0.50 0.10 Hubs Sprockets Annual Production 10.000

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Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow Direct Labor-Hours per Unit 0.50 0.10 Hubs Sprockets Annual Production 10.000 units 41.000 units Additional information about the company follows: a. Hubs require $35 in direct materials per unit, and Sprockets require $14 b. The direct labor wage rate is $10 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 116 0 NA Toral 281 4.100 NA Estimated Overhead Activity Cost Pool Activity Measure) Cost Habs Machine setups (manter of setups) 323.490 145 Special processine (machine hours) $164,000 4.100 General factory Corganization-sustaining) $ 46,000 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 by entering your answers in the tabs below. 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 2 > Determine the unit product cost of each product according to the ABC system. (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Overhead Unit cost

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