Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Hubs Sprockets Direct Labor-Hours per Unit 0.60 0.20 Annual Production 24,000 units 51,000 units Additional information about the company follows: a. Hubs require $34 in direct materials per unit, and Sprockets require $16. 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 Cost Pool (Activity Measure) Estimated Overhead Cost Hubs Activity Sprockets Total $ 25,875 115 $ 140,000 $ 167,400 4,000 20 92 NA NA 207 4,000 NA Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) 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.