Hubs Sprockets Direct Labor-Hours per Unit Annual Production 0.70 21,000 units 0.30 59,000 units Additional information about the company follows: a. Hubs require $34 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 Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) Estimated Overhead Cost $ 22,680 $ 200,000 Hubs 120 Activity Sprockets 96 Total 4,000 0 216 4,000 $ 280,200 NA General factory (organization-sustaining) 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.