EXERCISE 7-9 Computing Activity-Bowa Aing Product Costs [L,O2, LO3] Jamesway Corporation makes two types of replacement fittings for heavy construction equipmentscrews and bolts. Data regarding the two products follow: Chapter 7 Activity.Based Costing A Tool to Aid Decision Making Additional information about the company follows: a. Screws require $8 in direct materials per unit, and bolts require $6. b. The direct labour wage rate is $20 per hour. c. Screws are more complex to manufacture than bolts, and they require special equipment. d. The ABC system has the following activity cost pools: Required: 1. Compute the activity rate for each activity cost pool. 2. Determine the unit cost of each product according to the ABC system, including direct materials and direct labour