Jamesway Corporation makes two types of replacement ttings for heavy construction equipmentscrews and bolts. Data regarding the two products follow: Direct Labour Hours per Unit Annual Production Screws 0.20 40,000 units Bolts 0.10 60,000 units Additional information about the company follows: a. Screws require $8.50 in direct materials per unit, and bolts require $6.50. b. The direct labour wage rate is $35 per hour. c. Screws are more complex to manufacture than bolts, and they require special equipment. d. The ABC system has the following activity cost pools: Estimated A; Activity Cost Pool Activity Measure Overhead Cost Screws Bolts Total Machine setups Number of setups $ 24,000 80 40 120 Special processing Machinehou rs $200,000 4, 000 0 4,000 General factory Direct labou rhou rs $420,000 7, 000 14, 000 21,000 I Requiredt 1. Compute the activity rate for each activity cost pool. Machine setups per setup Special processing General factory 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.) Direct materials Direct labour