Check my work Required information Exercise 4-8 Computing ABC Product Costs [LO4-2, 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 0.30 0.50 Annual Production 26,000 units 70,000 units Rims Posts Additional information about the company follows: a. Rims require $15 in direct materials per unit, and Posts require $11. 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 Activity Cost Pool Machine setups Special processing General factory Posts 140 Estimated Overhead Cost $ 32,900 $ 114,800 $1,404,000 Activity Measure Number of setups Machine-hours Direct labor-hours 60 4,000 6,000 Total 200 4,000 78,000 72,000 Exercise 4-8 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