Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- Hours Arnual per UnitProduction 0.80 10, 000 units 0.40 40, 000 units Hubs Sprockets Additional information about the company follows a. Hubs require $32 in direct materials per unit, and Sprockets require $18 b. The direct labor wage rate is $15 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 Activi Estimated Overhe ad Cost Activity Cost Pool (Activity Measure) Machine setups inmber of setups) Hubs Sprockets Total 300 $72, 000 100 400 Special processing (machine-hours) General factory (organization-sustaining) 200, 000 5, 000 0 5, 000 $816, 000 NA NA NA Required 1. Compute the activity rate for each activity cost pool 2. Determine the unit product cost of each product according to the ABC system Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Hubs Sprockets 18.00 Direct materials 32.00$ 12.00 Direct labor 6.00 Overhead $44.00 24.00 Unit cost