Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow. Direct Labor- Hours per Annual Unit Production 0.70 27,000 units 0.30 46,000 units Hubs Sprockets Additional Information about the company follows: 0. Hubs require $21 in direct materials per unit, and Sprockets require $11. a. The direct labor wage rate is $13 per hour. b. Hubs require special equipment and are more complex to manufacture than Sprockets. C. 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 Activity Overhead Cost Hubs Sprockets Total $ 25,920 120 96 216 $ 215,000 4,300 4,300 $ 253,500 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