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: Rima Posts Direct Labor Hours per unit 0.30 0.80 Annual Production 21,000 units 80,000 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: notivity Cost Pool Machine setupa Special processing General factory Activity Meanure Number of setupa Machine-hours Direct labor-hours Estimated Motivity Estimated Overhead Cost Posts $ 28,800 90 110 $ 128,800 4,000 0 $ 1,000,000 6,300 64.000 Total 200 4.000 70,300 Exercise 4-8 (Algo) Part 1 Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) 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 144.00 per setup 32.20 per MH 14.34 per DLH $ $