Please help with answering this. I am a bit lost.

Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow:

Additional information about the company follows:

a.Hubs require $39 in direct materials per unit, and Sprockets require $15.

b.The direct labor wage rate is $13 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:

Required:

1.Compute the activity rate for each activity cost pool.

2.Determine the unit product cost of each product according to the ABC system.(Round intermediate calculations and final answers to 2 decimal places.)

Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow: Direct Labor- HOUI'S per Annual Unit Production Hubs 0.90 14,000 units Sprockets 0.50 56,000 units Additional information about the company follows: 3. Hubs require $39 in direct materials per unit, and Sprockets require $15. b.The direct labor wage rate is $13 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 Estimated Activity Cost Pool (Activity Measure) Overhead Cost Hubs Sprockets Total Machine setups (number of setups) $ 19,440 90 72 162 Special processing (machine-hours) $180,000 4,000 0 4,000 General factory (organization-sustaining) $264,600 NA NA NA Required: 1. Compute the activity rate for each activity cost pool. Special n-rocessin 2. Determine the unit product cost of each product according to the ABC system. (Round intermediate calculations and nal answers to 2 decimal places.) Direct materials Direct labor Unit cost