Check my Exercise 7-9 Computing Activity-Based Costing Product Costs [LO2, LO3] High-Calibre Products Corporation makes two products: titanium rims and posts. Data regarding the two products follow Direct Labour- Hours per Unit 0.60 0.30 Annual Production 22,000 units 90,000 units Rims Posts Additional information about the company follows: a. Rims require $19 in direct materials per unit, and posts require $12. b. The direct labour wage rate is $18 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: Activity Estimated Overhead Activity Measure Activity Cost Pool Machine setups Special processing General factory Cost Rims Number of setups Machine-hours 110 $206,800 4,400 Posts 90 Total 200 0 4,400 24,400 Direct labour-hours $562,800 13,200 27,000 40,200 Required 1. Comnute the activitv rate for each activitv cost nool Check my macnine setups Special processing General factory umper or setups Machine-hours Direct labour-hours $562,800 13,200 27,000 40,200 4U $206,800 4,400 yu 0 4,400 Required 1. Compute the activity rate for each activity cost pool. Activity Cost Pool Activity Rate Machine setups Special processing General factory per setup per MH per DLH 2. Determine the unit cost of each product according to the ABC system, including direct materials and direct labour.(Round your intermediate calculations and final answers to 2 decimal places) Posts Unit cost