High-Calibre Products Corporation makes two products: titanium rims and posts. Data regarding the two products follow: Direct Labour- Hours per Unit Annual Production 34,000 units 150,000 units Rims Posts 0.30 0.15 Additional information about the company follows: a. Rims require $20 in direct materials per unit, and posts require $13. b. The direct labour wage rate is $15 per hour. c. Rims are more complex to manufacture than posts, and they require special equipment. d. The ABC system has the following activity cost pools: Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labour-hours Estimated Overhead Cost $37, 120 $278,800 $850, 200 Rims 170 6,800 10,200 Posts 150 0 22,500 Total 320 6,800 32,700 Required Required: 1. Compute the activity rate for each activity cost pool. Answer is complete and correct. Activity Rate 116 per setup Activity Cost Pool Machine setups Special processing General factory 41 per MH $ 26 per DLH 2. Determine the unit cost of each product according to the ABC system, including direct materials and direct labour. (Round your intermediate calculations and final answers to 2 decimal places.) X Answer is complete but not entirely correct. Rims Posts Unit cost $ 23.08 X $ 20.77 X