Required Information [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 0.80 0.80 Annual Production 29,000 units 73,000 units Additional Information about the company follows: a. Rims require $20 in direct materials per unit, and Posts require $18. b. The direct labor wage rate is $16 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: Estimated Activity Estimated Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Overhead Cost Rims Posts Total $ 34,310 100 100 200 $ 113,150 1,000 1,000 Direct labor-hours $ 1,218,000 23,200 58,400 81,600 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