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 per unit Rims Posts 0.30 Annual Production 29,000 units 0.20 86,000 units Additional information about the company follows: a. Rims require $18 in direct materials per unit, and Posts require $14. 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: Activity Cost Pool Machine setups Special processing General factory Estimated Activity Estimated Overhead Activity Measure Cost Rims Posts Total Number of setups $ Machine-hours $ Direct labor-hours 42,140 131,580 $1,479,000 100 2,000 9,000 100 0 200 2,000 78,000 87,000 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