O Required information Exercise 4-8 Computing ABC Product Costs (L04-2, LO4-3) 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-Hours per unit 0.60 0.20 Annual Production 22,000 units 80,000 units Rims Posts Additional Information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $15 per hour. c. Rims are more complex to manufacture than Posts and they require special equipment a. The ABC system has the following activity cost pools: Motivity control Mekin etupa special processing General factory Total 400 Activity Measure Number of setup Machine-hours Direct labor-bour Estimated Activity Estimated Overhead Cost Post $ 27,200 120 280 $ 130,400 5,000 $1,056.000 5,000 61.000 5.000 66,000 Exercise 4-8 Part 1 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Machine setups Special processing General factory Activity Rate per setup per MH per DLH