Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours Hubs Sprockets per Unit 0.80 0.40 Annual Production 20,000 units 59,000 units Additional information about the company follows: a. Hubs require $36 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $20 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: Estimated Overhead Activity Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) Cost $ 35,280 Hubs Sprockets 140 112 Total 252 $ 122,500 4,900 0 $ 440,800 NA NA 4,900 NA 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.