Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow. Hubs Sprockets Direct Labor-Hours per Unit 0.80 0.40 Annual Production 12,000 units 43,000 units Additional information about the company follows: a. Hubs require $39 in direct materials per unit, and Sprockets require $16. b. The direct labor wage rate is $11 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Estimated Overhead Activity Cont Pool (Activity Measure) Cost Hubs Machine setups (number of setups) $ 36,450 150 Special processing (nachine-hours) $ 72,000 3,600 General factory (organization-sustaining) $ 233,200 Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system, Activity Sprockets 120 0 NA Total 270 3,600 NA NA Complete this question by entering your answers in the tabs below. 150 120 0 NA 270 3,600 NA Machine setupe (number of setups) $ 36,450 Special processing (machine-hours) $ 72,000 3,600 General factory (organization-sustaining) $ 233,200 NA Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Cost Pool Activity Rate Machine setups per setup Special processing per MH Required 1 Required 2 >