Che Required information Exercise 4-8 Computing ABC Product Costs (L04-2, L04-3] 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 0.60 0.29 Rims Posts Annual Production 22.000 units 80,000 units Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10 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 Posts 280 Estimated Overhead cost 27,200 $ 130,400 $1.056.000 Activity Measure Number of setups Machine-hours Direct labor-hours Rims 120 5.000 5.000 61.000 5.000 66.000 LAGER [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 0.60 0.20 Annual Production 22,000 units 80,000 units Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. 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 Rims Posta Total Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine hours Direct labor.hours Estimated Overhead Cost 27,200 130.400 $1,056.000 120 5.000 5.000 61.000 5.000 66.000 Maut