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 Check my wor 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 0.30 0.50 Annual Production 26,000 units 70.000 units Rims Posts Additional information about the company follows: a. Rims require S15 in direct materials per unit, and Posts require $11. b. The direct labor wage rate is $15 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 Posts 140 Estimated Ovechead Cost $ 32,900 $ 114,800 $1,404,000 Activity Cost Pool Machine Setups Special processing General factory 60 Number of setups Machine-hours Direct labor-hours Total 200 4.000 78,000 6,000 72,000 2. Determine the unit product cost of each product according to the ABC system. (Do not round intermediate