Jamesway Corporation makes two types of replacement fittings...

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Jamesway Corporation makes two types of replacement fittings for heavy construction equipment-screws and boits. Data regarding the two products follow Screws Bolts Direct Labour- Hours per unit 0.20 0.10 Annual Production 40,000 units 60,000 units Additional Information about the company follows: a. Screws require $8.75 in direct materials per unit, and bolts require 56.75. b. The direct labour wage rate is $25 per hout. c. Screws are more complex to manufacture than bolts, and they require special equipment d. The ABC system has the following activity cost pools Screws Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labour hours Estimated Overhead Cost 27.000 $220,000 $575.000 00 4,000 7,000 Activity bolts 10 0 14,000 Total 120 4,000 21,000 Required: 1. Compute the activity rate for each activity cost pool Activity Cost Pool Machine setups Special processing General factory Activity Rate per setup por MH por DLH 2. Determine the unit cost of each product according to the ABC system, including direct materials and direct labout (Round your answers to 2 decimal places.) Screws Bolts Direct materials Direct labour Overhead 5 Unicon 0005 000

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