Question: Please do it fast. Assignment 2 Section A ComputingABC Product Costs Fogeny Company makes two products. titanium Hubs and Sprockets. Data regarding the two products

Please do it fast.

Please do it fast. Assignment 2 Section A ComputingABC Product Costs Fogeny

Assignment 2 Section A ComputingABC Product Costs Fogeny Company makes two products. titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labour hour per Annual Production unit Hubs 0.8 10000 units Sprockets 0.4 40000Junits Additional information about the company follows: a. Hubs require $32 in direct materials per unit, and Sprockets require $ 1 8. b. The direct labor wage rate is $15 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special equipment. d. The ABC system has the following activity cost pools: Activity Activity Cost Pool and Activity Measure Deluxe Regular Total Purchase orders (number of orders) .. $ 84,000 400 800 1,200 Rework requests (number of requests).. 216,000 300 600 900 Product testing (number of tests). 450,000 4,000 19,000 15,000 Machine related (machine-hours) .. 1,250,000 20,000 30,000 50,000 $2,000,000 1. Compute the activity rate (Le., predetermined overhead rate) for each activity cost pool. 2. Determine the unit product cost of each product according to the ABC system

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