Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours per Unit 0.80 0.40 Hubs Sprockets Annual Production 27,000 units 58,000 units Additional information about the company follows: a. Hubs require $22 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $19 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special processing. d. The company's activity-based absorption costing system has the following activity cost pools: Expected Activity Activity Cost Pool (and Activity Measure) Machine setups (number of setups) Special processing machine-hours) General factory (Direct labor-hours) Estimated Overhead Cost $ 18,720 $ 156,000 $ 672,000 Hubs 80 3,900 21,600 Sprockets 64 0 23,200 Total 144 3,900 44,800 Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing