fogerty

Direct Labor- Hours per Annual Unit Production 0.80 14,000 units 0.40 60,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $22 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $11 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 Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Estimated Overhead Cost $ 17,550 $195,000 $371,200 Sprockets 60 Hubs 75 3,900 NA Total 135 3,900 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. Complete this question by entering your answers in the tabs below. Activity Estimated Overhead Cost $ 17,550 $195,000 $371,200 Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Hubs 75 Sprockets Tota 60 13 3,900 NA 3,9 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the unit product cost of each product according to the ABC system. (Do not round intern your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Overhead Unit cost $ 0.00 0.00