Can you show me a step by step process on how to answer this question. Im studying for an exam and i need to know exactly how to get this done

1. (Similar to Exercise 4-8) Mullins Sports Center makes two products, Standard and Deluxe. Data regarding the two products follow: Direct Labor-Hours Per Unit 0.75 1.25 Standard Deluxe Annual Production 50,000 units 20,000 units Additional information about the company follows: a. Standard requires $30 in direct materials per unit, and Deluxe requires $48. b. The direct labor wage rage is $25 per hour. c. Deluxe units are more complex to manufacture than the Standard units and they require special equipment. d. The ABC system has the following activity cost pools. Estimated Activity Activity Cost Pool Activity Measure Estimated Overhead Cost Standard Deluxe Total 400 Machine setups Special processing General factory Number of setups Machine hours Direct labor-hours $48,000 $300,000 $450,000 240 20 60 12,000 18,000 640 80 30,000 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