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Having trouble finding the overhead for Hubs & Sprockets, any help is appreciated! Thank you. Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding

Having trouble finding the overhead for Hubs & Sprockets, any help is appreciated! Thank you. image text in transcribed
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Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow Direct Labor- Hours per Annual Unit Production 0.70 22,000 units 0.30 46,000 units Hubs Sprockets Additional information about the company follows: a. Hubs require $39 in direct materials per unit, and Sprockets require $16 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: Estimated Overhead Cost s 18,720 Activit Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) 80 $253,000 4,600 NA Hubs Sprockets Total 64 144 0 4,600 NA $194,800 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. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below

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