The following information applies to the questions displayed be Performance Products Corporation makes two products, titanium Rims and Posts, Data regarding the two products follow: Direct Labor - Hours per unit 8.30 Annual Production 27,000 units 75,000 units Rims Posts 0.50 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: Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Activity Estimated Overhead Cost Rims Posts $ 30,000 100 50 $ 121,500 6,000 $ 756,000 9,000 45,000 Total 150 6,000 54,000 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 Estimated Overhead Cost $ 30,000 $ 121,500 $ 756,000 Activity Measure Number of setups Machine-hours Direct labor-hours 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 Cost Pool Machine setups Special processing General factory Activity Rate per setup per MH per DLH 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