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Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit Annual Production Hubs 0.50 18,800 units Sprockets

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Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit Annual Production Hubs 0.50 18,800 units Sprockets 0.10 43,000 units Additional information about the company follows: a. Hubs require $24 in direct materials per unit, and Sprockets require $17. b. The direct labor wage rate is $17 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 Sprockets 64 Estimated Overhead Activity Cost Pool (Activity Measure) Cost Hubs Machine setups (number of setups ) $ 15,840 80 Special processing machine-hours) $ 171,000 3,800 General factory (organization-sustaining) $ 82,100 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. Total 144 3,800 NA NA Complete this question by entering your answers in the tabs below. ol. Required 1 Required 2 Compute the activity rate for each activity cost Activity Cost Pool Activity Rate Machine setups per setup Special processing per MH

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