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 0.40 .20 Rims Posts Annual Production 20,000 units 80,000 units Additional Information about the company follows: a. Rims require $17 in direct materials per unit, and Posts require $10. 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 Activity Cost Pool Machine setups Special processing General factory Rias Estimated Overhead Cost $ 21,600 $ 180,000 $ 288,000 Activity Measure Number of setups Machine-hours Direct labor-hours Posts 80 100 4,000 8,000 Total 180 4,000 24,000 16,000 Required: 1. Compute the activity rate for each activity cost pool. Activity Cost Pool Machine setups Special processing General factory Activity Rate per setup per MH per DLH