Required information Exercise 4-8 (Algo) Computing ABC Product Costs (L04-2, L04-3) [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 Rims Posts Direct Labor- Hours per unit 0.30 0.60 Annual Production 28,eee units 76,000 units Additional information about the company follows: a Rims require $17 in direct materials per unit, and Posts require $15 b. The direct labor wage rate is $15 per hour. c. Rims are more complex to manufacture than Posts and they require special equipment d. The ABC system has the following activity cost pools: d. The ABC system has the following activity cost pools: Estimated Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 30,400 $ 145,160 $ 728,eee Rims 120 2, eee 8,400 Posts 280 @ 45,600 Total 400 2,eee 54,000 Exercise 4-8 (Algo) 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