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Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow Hubs Sprockets Direct Labor.Hours per Unit 0.60 0.26 Annual Production 18,000 units 42,000 units Additional information about the company follows a. Hubs require $25 in direct materials per unit, and Sprockets require $15, b. The direct labor wage rate is $13 per hour Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools Estimated overhead Total Activity Sprockets 104 Activity Cost Pool activity Memie) Machine setups (number of setups) Special processing machine hours General factory (organization sustaining) 214 Hubs 130 4,300 NA $ 28,080 $ 172.000 5 145,200 MA 4,300 MA Required: 1 Compute the activity rate for each activity cost pool 2 Determine the unit product cost of each product according to the ABC system Complete this question by entering your answers in the tabs below Required Required 2 Compute the activity rate for each activity cout pool Activity Cost Pool Machine stops Special processing Activity Rate Por op per un Required 2 > Complete this question by entering your answers in the tabs below. Required: Required 2N Determine the unit product cost of each product according to the ABC system. (Do not round Intermediate calculations, Round your answers to 2 decimal placed Hubs Sprockets Direct materials Direct labor Overhead Unit cost Fogerty Company makes two products---titanium Hubs and Sprockets. Data regarding the two products follow Direct Labor-Hours per Unit 8.68 0.20 Hubs Sprockets Annual Production 18,000 units 42,000 units ed Additional information about the company follows: ] OK a. Hubs require $25 in direct materials per unit, and Sprockets require $15. b. The direct labor wage rate is $13 per hour c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools Activity Sprockets 184 ht Total 234 4,300 NA NA Estinated Overhead Activity cost Pool (Activity Measure) Cost Hubs Machine setups (number of setups) $ 28,080 138 Special processing (machine-hours) 5 172,000 4,300 General factory (organization-sustaining) $ 145,200 NA Required: 1 Compute the activity rate for each activity cost pool 2 Determine the unit product cost of each product according to the ABC system. ences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Activity Rate Machine setups per setup Special processing per MH Required Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required Compute the activity rate for each activity cost pool Activity Cost Pool Machine setups Special processing Activity Rate per setup per MH