NorthCo makes two products, titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor Hours per Unit Annual Production Hubs Sprockets 0.90 0.70 60,000 units 50,000 units Additional information about the company follows: Hubs require $22 in direct materials per unit, and Sprockets require $13. The direct labor wage rate is $28 per hour. Hubs are more complex to manufacture than Sprockets and they require special equipment. The ABC system has the following activities: Estimated Estimated Activities Overhead Cost Total Hubs Sprockets $253,000 1,100 400 700 Activity Cost Driver Number of setups Machine hours Direct labor hours 180,000 550,000 2,000 2,000 0 11,000 5,000 6,000 Machine setups Special processing, General factory a) Compute the ABC rate for each activity. Activity Machine setups ABC Rate Special processing. General factory_ b) Determine the unit cost of each product according to the ABC system, including direct materials and direct labor. Please make sure your final answer(s) are accurate to 2 decimal places. Hubs Sprockets Unit cost