on Required information The following information applies to the questions displayed below] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow Rims Posts Direct Labor Hours per sit 0.20 Annual Production 29,000 units 86,000 units Additional information about the company follows: a. Rims require $18 in direct materials per unit, and Posts require $14. b. The direct labor wage rate is $16 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 Cost Pool Machine setups Special processing General factory Estimated Activity Activity Measure Number of setups Hachine hours Direct labor-hours Estimated Dverhead Cost $42,140 $111,500 $1,475,000 100 2,000 ,700 Posts 100 Total 200 " 17,000 2,000 25,900 Required: 1. Compute the activity rate for each activity cost pool (Round your answers to 2 decimal places.) Activity Cost Pool Machine setups Special processing General factory Activity Rate per setup per MH per DLH Required information 2012 [The following information applies to the questions displayed below] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow 16: Rims Posts Book Print Direct Labor Hours per unit 0.30 0.20 Annual Production 29,000 units 86,000 units Additional information about the company follows: o. Rims require $18 in direct materials per unit, and Posts require $14 b. The direct labor wage rate is $16 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: feroces Activity Cost Pool Machine setups. Special processing General factory Activity Measure Number of setups Machine hours Direct labor-hours Estimated Activity Estimated Overhead Cost $42,140 $131,580 Rims $ 1,479,000 100 2,000 8,700 Posts 100 0 Total 200 2,000 17,200 25,900 2. Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Unit product cost of Rims Unil product cost of Posts Required information. [The following information applies to the questions displayed below] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow Rims Posts Direct Labor Hours per unit 0.30 0.20 Annual Production 29,000 units 86,000 units Additional information about the company follows: a. Rims require $18 in direct materials per unit, and Posts require $14. b. The direct labor wage rate is $16 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 Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $42,140 $131,580 $1,479,000 Estimated Activity Rims 100 2,000 8,700 Posts 100 Total 200 a 17,200 2,000 25,900