(answer charts included to help formating)

Chapter 7 - GHA #5 Saved 1 Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: 10 points Direct Labor- Hours per Annual Unit Production 0.60 21,000 units 0.20 53,000 units Hubs Sprockets Skipped Additional information about the company follows: eBook a. Hubs require $29 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $11 per hour. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: References Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing (machine-houro) General factory (organization-sustaining) Estimated Activity Overhead Cost Hubs Sprockets Total $ 22,230 130 104 234 $110,000 4,400 0 4,400 $171,600 NA NA NA Required: 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. Estimated Overhead Cost $ 22,230 $110,000 $171,600 Hubs Spr 130 Activity Cost Pool (Activity Measure) Machine setups (number of setups) Special processing machine-hours) General factory (organization-sustaining) d 4,400 NA K Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system. nces 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 Cost Pool Activity Rate Machine setups setup Special processing per MH per Required Required 2 > Prev 1 of 1 MacBook Pro . UHELUus wuye una purvu. c. Hubs require special equipment and are more complex to manufacture than Sprockets. d. The ABC system has the following activity cost pools: Activity Estimated Overhead Cost $ 22,230 $110,000 $171,600 Activity Cost Pool Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (organization-sustaining) d Hubs Sprockets Total 130 104 234 4,400 0 4,400 NA NA NA