PLEASE HELP WITH BOTH SECTIONS: Exercise 2A-1 Activity-Based Absorption Costing [LO2-5] Fogerty Company makes two productstitanium Hubs and Sprockets. Data regarding the two products follow:

Additional information about the company follows:

a. Hubs require $23 in direct materials per unit, and Sprockets require $14.

b. The direct labor wage rate is $13 per hour.

c. Hubs are more complex to manufacture than Sprockets and they require special processing.

d. The companys activity-based absorption costing system has the following activity cost pools:

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.

Check my wo 16 Exercise 2A-1 Activity-Based Absorption Costing (LO2-5] Fogerty Company makes two products-titanium Hubs and Sprockets. Data regarding the two products follow: 0.7 points Direct Labor- Hours per Unit 0.80 0.40 eBook Hubs Sprockets Annual Production 10,000 units 53,000 units Print References Additional information about the company follows: a. Hubs require $23 in direct materials per unit, and Sprockets require $14. b. The direct labor wage rate is $13 per hour. c. Hubs are more complex to manufacture than Sprockets and they require special processing. d. The company's activity-based absorption costing system has the following activity cost pools: Expected Activity Activity Cost Pool (and Activity Measure) Machine setups (number of setups) Special processing (machine-hours) General factory (Direct labor-hours) Estimated Overhead Cost $ 20,700 $ 225,000 $ 321,200 Hubs 100 5,000 8,000 Sprockets 80 0 21,200 Total 180 5,000 29, 200 Check my work 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. 0.7 points Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Print References Compute the activity rate for each activity cost pool. Activity Rate per setup Activity Cost Pool Machine setups Special processing General factory per MH per DLH Required 1 Required 2 > Check my wc 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. 0.7 points Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Print References 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