Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: Part 1 of 2 Rims Posts 2.14 points Direct Labor- Hours per unit 0.60 0.20 Annual Production 22,000 units 80,000 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 $15 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: eBook Print Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setupa Machine-hours Estimated Activity Estimated Overhead Cost Rina $ 27,200 120 Posts 280 Total 400 $ 130,400 Direct labor-hours $ 1,056,000 5,000 5,000 13,200 16,000 29,200 References 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 Activity Rate per setup Special processing General factory per MH per DLH