Question: Exercise 4-8 (Algo) Computing ABC Product Costs [LO4-2, L04-3) {The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium

 Exercise 4-8 (Algo) Computing ABC Product Costs [LO4-2, L04-3) {The following
information applies to the questions displayed below.) Performance Products Corporation makes two

Exercise 4-8 (Algo) Computing ABC Product Costs [LO4-2, 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 Annual Ho per unit Production 20,000 units #4,000 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 $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: tim 0.70 0.60 Posta Activity Cont Pool Machine setup Special processing General factory Activity Measure Number of setupa Machine-hour Direct labor-hours Estimated Activity Estimated Overhead Cost Posts $ 28.560 80 130 $ 139,00 6.000 $.680,000 18,000 50,400 Total 210 6,000 64.400 2. Determine the unit product cost of each product accarding 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 Powe

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