Exercise 4-8 Computing ABC Product Costs [LO4-2, LO4-3] Skip to question [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 Annual Production Rims 0.20 21,000 units Posts 0.70 79,000 units Additional information about the company follows: Rims require $19 in direct materials per unit, and Posts require $15. The direct labor wage rate is $15 per hour. Rims are more complex to manufacture than Posts and they require special equipment. The ABC system has the following activity cost pools: Estimated Activity Activity Cost Pool Activity Measure Estimated Overhead Cost Rims Posts Total Machine setups Number of setups $ 34,760 110 90 200 Special processing Machine-hours $ 136,670 1,000 0 1,000 General factory Direct labor-hours $ 819,000 9,000 54,000 63,000 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 for rims:

unit product cost of post