Annual Exercise 4-8 (Algo) Computing ABC Product Costs (L04-2, LO4-3) [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 per unit Production 0.80 19,000 units 0.60 Additional information about the company follows: a. Rims require $13 in direct materials per unit, and Posts require $9. 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: Rims Posta 86,000 unita 14 Metivity Cost Pool Machine setup Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Activity Estimated Overhead Cont Rima Posts $ 39,560 BO 120 $ 140.180 2,000 0 $ 532,000 15,200 51,600 Total 200 2,000 66.800 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.) Unit product cost of Rims Unit product cost of Posts