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Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products...

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Accounting

Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow:
\table[[,\table[[Direct Labor],[Hours per unit]],Annual],[Production,,],[Rims,0.70,26,000 units],[Posts,0.80,90,000 units]]
Additional information about the company follows:
a. Rims require $14 in direct materials per unit, and Posts require $10.
b. The direct labor wage rate is $20 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:
\table[[Activity Cost Pool,Activity Measure,Estimated Activity],[\table[[Estimated],[Overhead Cost]],Rims,Posts,Total],[Machine setups,Number of setups,$33,300,70,230,300],[\table[[Special processing],[General factory]],Machine-hours,$172,800,3,000,0,3,000],[General factory,Direct labor-hours,$858,000,18,200,72,000,90,200]]
Exercise 4-8(Algo) Part 2
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.
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