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 0.70 0.70 Annual Production 22,000 units 79,000 units Rims Posts Additional information about the company follows: a. Rims require $17 in direct materials per unit, and Posts require $14. b. The direct labor wage rate is $19 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 Overhead Rims Posts Total Activity Cost Pool Activity Measure Cost Machine setups Number of setups $ 27,650 Special processing Machine-hours $ 119,290 80 120 200 1,000 0 1,000 d. The ABC system has the following activity cost pools: Estimated Activity Estimated Overhead Rims Posts Total 80 120 200 Activity Cost Pool Activity Measure Cost 27,650 Machine setups Number of setups $ 119,290 Special processing Machine-hours $ 616,000 General factory Direct labor-hours $ 1,000 0 1,000 8,000 36,000 44,000 2. Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculation. Round your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts