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: Direct Labor Hours per unit 0.30 0.se Rias Posts Annual Production 21,000 units 80. units Additional information about the company follows: a. Rims require $13 in direct materials per unit, and Posts require $9. b. The direct labor wage rate is $19 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 ces Estimated Activity Activity Cost Pool Machine setups Special processing General factory Posts 110 Estimated Overhead Cost $ 20,000 $ 128,800 $1,000,000 Activity Measure Number of setups Machine hours Direct labor hours RIN 90 4.000 6,300 Total 200 4,000 70,300 64,000 Exercise 4-8 (Algo) Part 2 2. Determine the unit product cost of each product according to the ABC system (Do not round Intermediate calculations, Round your final onswers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts