neck my win 1 Exercise 2A-1 Activity-Based Absorption Costing (LO2-5) Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: 33 nts eBook Direct Labor- Hours per Unit 0.80 0.40 Print Hubs Sprockets Annual Production 23,000 units 51.000 units References Additional information about the company follows: a. Hubs require $20 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $19 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special processing. d. The company's activity-based absorption costing syem has the following activity cost pools: Estimated Expected Activity Overhead Activity Cost Pool (and Activity Measure) Hube Sprockets Total Machine setups (number of setups) $ 23,805 115 207 Special processing machine-hours) $ 235,000 4.700 0 4,700 General factory Direct labor-hours) 5 271,600 18,400 20,400 30,800 Cost Required: 1. Compute the activity rate for each activity cost pool. 433, VVU $ 271,600 IV 18,400 20,400 Special Processing met General factory (Direct labor-hours) 38,800 Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing. ok Complete this question by entering your answers in the tabs below. ances Required 1 Required 2 Compute the unit product cost for Hubs and Sprockets using activity-based absorption costing. (Do not round intermediate calculations, Round your answers to 2 decimal places.) Hubs Sprockets Direct materials Direct labor Manufacturing overhead Unit product cost $ 0.00 $ 0.00