Help Save & Exercise 4-8 Computing ABC Product Costs (L04-2, LO4-3] The following information applies to the questions displayed below.) Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the t products follow: Direct Labor-Hours per unit 0.50 0.80 Rims Posts Annual Production 25,000 units 88,000 units Additional information about the company follows: a. Rims require $19 in direct materials per unit, and Posts require $17. 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: Estimated Activity Activity Cost Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $26.490 $ 163,680 $500,000 Rims 70 4,000 3,000 Posts 430 @ 47,000 Total 500 4,000 50,000 Exercise 4-8 Part 2 lure than Posts and they require special equipment lollowing activity cost pools: Activity Cost Pool Machine setups Special processing General factory Estimated Overhead Estimated activity Activity Measure Number of setups Machine-hours Direct labor-hours Rins $ 26,400 5163.680 500.000 Posts Total 4.000 3. Exercise 4-8 Part 2 . 2. Determine the unit product cost of each product according to the ABC system. (Do not round intermediate calculations Round your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts