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: Direct Labor Hours Rins Posts per unit 0.40 0.80 Annual Production 18.000 units 76.000 units Additional information about the company follows: a. Rims require $10 in direct materials per unit, arid Posts require $7. b. The direct labor wage rate is $17 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 Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Activity Estimated Overhead Cost $ 25,080 Rins Posts Total 80 220 300 $ 122.360 2,000 0 2.000 $ 702.000 7,200 60.800 68,000 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Rate Activity Cost Pool Machine setups Special processing General factory per setup per MH per DLH