Fogerty Company makes two products-Hubs and Sprockets. Data regarding the two products follow: Additional information about the company follows: a. Hubs require \$34 in direct materials per unit, and Sprockets require \$17. b. The direct labor wage rate is $12 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special processing. d. The company's activity-based absorption costing system has the following activity cost pools: Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing. Complete this question by entering your answers in the tabs below. Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing. (Do not round intermediat calculations. Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Compute the activity rate for each activity cost pool
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