line Todowing information appwes to me questions arsprayed below Performance Products Corporation makes two products, titanium Rims and Posts Data regarding the two products follow Direct Labor-Hours per unit 0.30 Rims Annual Production 26,000 units 70,000 units Posts 0.50 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 Activity cost Pool Machine setups Special processing General factory Estimated Activity Estimated Overhead Activity Measure easure Cost Rims Posts Number of setups $ 32,900 140 Machine-hours $ 114,880 4,000 @ 6 Total 200 4,000 Direct labor hours .00 6.000 72,000 78,000 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers Answer is complete and correct. Activity Cost Pool Activity Rate Machine setups setup Special processing $28.70 per MH General factory $ 18.00 per DLH per 164.50 2. Determine the unit product cost of each product according to the ABC system. (Don your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts