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Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor-Hours per Unit 0.60 0.20 Annual Hubs Sprockets Production 21,000 units 57,000 units Additional information about the company follows a. Hubs require $28 in direct materials per unit, and Sprockets require $20 b. The direct labor wage rate is $18 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: Estimated Act Overhead Cost Hubs Sprockets 100 Activity Cost Pool (and Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (Direct labor-hours) Total S 28.125 S 95,000 S 312.000 125 3,800 12,600 225 3,800 24,000 11,400 Required: 1. Compute the activity rate for each activity cost pool. Activity Activity Rate Machine setups $ Special processing General factory$ 125 Per setu 25 per MH 13 per DLH 2. Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing.(Do not round intermediate calculations. Round your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Overhead Unit produt S 0.00 0.00

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