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 Additional information about the company follows: a. Hubs require $20 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) Annual Production 24,000 units 60,000 units Special processing (machine-hours) General factory (organization-sustaining) Required 1 Required 2 Complete this question by entering your answers in the tabs below. Estimated Overhead 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. Compute the activity rate for each activity cost pool. Activity Rate per setup per MH Activity Cost Pool Machine setups Special processing Cost $ 18,360 $ 192,000 $ 102,000 Hubs 85 4,800 NA Activity Sprockets 68 0 Total 153 4,800

Additional information about the company foliows: a. Hubs require $20 in direct materials per unit, and Sprockets require $19. b. The direct lobor wage rate is $13 per hour. c. Hubs require specibl equipment and are more complex to manufocture than Sprockets. d. The ABC system has the following activity cost pools. Required: 1. Compute the activity rate for each activity cost pool: 2. Determine the unit product cost of esch product according to the ABC system. Complete this question by entering your answers in the tabs below. Compute the activity rate for each activity cost pool