Required information Exercise 4-8 Computing ABC Product Costs [LO4-2, LO4-3] 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 Annual Production 27,000 units 0.30 0.50 75,000 units Additional information about the company follows: a. Rims require $12 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: Activity Cost Pool Machine setups Special processing General factory Exercise 4-8 Part 2 Estimated Activity Estimated Overhead Activity Measure Number of setups. Machine-hours Direct labor-hours Cost Rims Posts Total $ 30,000 $ 121,500 $ 756,000 100 6,000 9,000 50 150 6,000 45,000 54,000 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 Unit product cost of Posts