Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products foll Rims Posts Direct Labor- Hours per unit 0.70 0.80 Annual Production 26,000 units 90,000 units Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $20 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: 4 Activity Cost Pool Machine setups Special processing General factory Estimated Activity Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 33,300 $172,800 Rims 70 3,000 Posts 230 0 Total 300 3,000 $ 858,000 18,200 72,000 90,200 Exercise 4-8 (Algo) Part 1 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 $ 211.50 per setup $ 40.50 per MH $ 18.00 per DLH