Required information The following information applies to the questions displayed below.) Performance Products Corporation makes two produqts, titanium Rims and Posts. Data regarding the two products follow Direct Labor-Hours per unit 0.30 0.50 Rims Posts Annual Production 27,000 units 75,eee units Additional information about the company follows: a Rims require $12 in direct materials per unit, and Posts require $10 b. The direct labor wage rate is $20 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 Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 30,000 $ 121,500 $ 756,000 Posts 50 Rims 100 6,000 9,000 Total 150 6,000 54,000 45,000 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Rate Activity Cost Pool Machine setup Special processing General factory per setup per MH per DLH 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 Annual Production 27,000 units 75,000 units per unit Rims Posts 0.50 Additional information about the company follows: a. Rims require $12 in direct materials per unit, and Posts require 510 b. The direct labor wage rate is $20 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 Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 30,000 $ 121,500 $ 756,000 Rins 100 6,000 9,000 Posts 50 e 45,000 Total 150 6,000 54,000 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