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Please explain in detail The following information applies to the questions dlisplayed below Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding

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The following information applies to the questions dlisplayed below Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow Direct Labor-Hours Annual Production 21000 units 80,000 units per unit 0.30 Rims Posts 0.80 Additional information about the company follows a. Rims require $13 in direct materials per unit, and Posts require $9 b. The direct labor wage rate is $19 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: Estmated Activity Estimated Overhead Cost $ 28,800 $ 128,800 $1008,000 Activity Measure ims PostsTotal Activity Cost Pool Machine setups Special processing 90 4,000 110 Number of setups Machine-hours 200 0 4,000 3,000 60,00063,000 General factory Direct labor-hours

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