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Required information [The following information applies to the questions displayed below.] Performance Products...

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Accounting

Required information
[The following information applies to the questions displayed below.]
Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow:
\table[[,\table[[Direct Labor-],[Hours per unit]],Production],[Rims,0.30,27,000 units],[Posts,0.50,75,000 units]]
Additional information about the company follows:
a. Rims require $12 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[[,,Estimated Activity],[,Estimated,,,,],[Activity Cost Pool,Activity Measure,Overhead Cost,Rims,Posts,Total],[Machine setups,Number of setups,$30,000,100,50,150],[Special processing,Machine-hours,$121,500,6,000,0,6,000],[General factory,Direct labor-hours,$756,000,8,100,37,500,45,600]]
Required:
Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.)
\table[[Activity Cost Pool,Activity Rate],[Machine setups,,per setup],[Special processing,,per MH],[General factory,,per DLH]]
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