1. Compute the activity rate for each activity cost pool.

2. Determine the unit product cost for each product according to ABC system.

[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 Direct Labor-Hours Annual Production Rims 25,000 units 0.80 88,000 units per unit 0.50 Posts Additional information about the company follows: a. Rims require $19 in direct materials per unit, and Posts require $17 b. The direct labor wage rate is $15 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 Estimated Activity Total Activity Cost Pool Machine setups Special processing General factory See Estimated Overhead Cost $ 26,400 $ 163,680 $ 500,000 Activity Measure Number of setups Machine-hours Direct labor-hours Rims 20 4.000 3,000 Posts 430 0 47.000 4,000 50,00 Exercise 4-8 Part 1 Required: 1. Compute the activity rate for each activity cost pool (Round your answers to 2 decimal places.) Activity Cost Pool Machine setups Special processing General factory Activity Rate per setup por MH per DLH Exercise 4-8 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.) Unit product cost of Rims Unit product cost of Posts