Jamesway Corporation makes two types of replacement fittings for heavy construction equipment$$screws and bolts. Data regarding the two products follow:

Direct Labour$-$Hours per Unit Annual Production

Screws $0\mathrm{.}2040,000$ units

Bolts $0\mathrm{.}1060,000$ units

Additional information about the company follows:

Screws require $$8\mathrm{.}90$ in direct materials per unit, and bolts require $$6\mathrm{.}90.$

The direct labour wage rate is $$40$ per hour.

Screws are more complex to manufacture than bolts, and they require special equipment.

The ABC system has the following activity cost pools:

Activity Cost Pool Activity Measure Estimated Overhead Cost Activity

Screws Bolts Total

Machine setups Number of setups $ $28,8008040120$

Special processing Machine$-$hours $ $232,0004,00004,000$

General factory Direct labour$-$hours $ $588,0007,00014,00021,000$

Required:

$1.$ Compute the activity rate for each activity cost pool.

$2.$ Determine the unit cost of each product according to the ABC system, including direct materials and direct labour. $($Round your answers to $2$ decimal places.$)$