Exercise $4-8($Algo$)$ Computing ABC Product Costs $[$LO$4-2,$ LO$4-3]$

$[$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:

$\backslash$table$[[,\backslash$table$[[$Direct Labor$-],[$Hours per unit$]],$Annual$],[$Production$,,],[$Rims$,0\mathrm{.}60,19,000$ units$],[$Posts$,0\mathrm{.}50,78,000$ units$]]$

Additional information about the company follows:

a$.$ Rims require $$16$ in direct materials per unit, and Posts require $$12.$

b$.$ The direct labor wage rate is $$17$ 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: