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Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: Hours per Annual Hubs Sprockets 8.88 17.800 units 8.48 44,880 units Additional information about the company follows: a. Hubs require $20 in direct materials per unit, and Sprockets require $13. b. The direct labor wage rate is $16 per hour. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Estimated Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) Cost Hubs Sprockets Total 76 95 $176,88e 4,48e NA s 23,940 0 4,480 NA $268,886e NA Requlrec: 1. Compute the activity rate for each activity cost pool. 2 Determine the unit product cost of each product according to the ABC system. Complete this question by entering your answers in the tabs below Required 1 Required 2 Compute the activity rate for each activity cost pool. Activity Rate Machine setups Special processing per MH

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