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See the questions and prompt below: Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow: Hubs 0.60 18,000 units

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See the questions and prompt below:

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Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow: Hubs 0.60 18,000 units Sprockets 0.20 55,000 units Additional information about the company follows: a. Hubs require $20 in direct materials per unit, and Sprockets require $18. b. The direct labor wage rate is $13 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special equipment. d. The ABC system has the following activity cost pools: Machine setups (number of setups) 15. 390 Special processing (machine-hou rs) $ 110,000 4,400 0 4,400 General factory (organization-sustaining) $ 120,800 NA NA NA Required: 1. Compute the activity rate for each activity cost pool. per Machine setups setup Special processing 2. Determine the unit product cost of each product according to the ABC system. (Round intermediate calculations and final answers to 2 decimal places.) Direct materials Direct labor Overhead Unit cost

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