URGENT 2 part question

Required information Exercise 4-8 (Algo) 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 two products follow: Direct Labor- Annual Hours per unit Production Ri 26,000 units Posta 0.70 90,000 unita Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $18 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: 0.70 Activity Control Machine setups Special processing General factory Activity Measure Number of setups Hachine-hours Direct labor-hours Estimated Activity Estimated overhead cost RIN Posts $ 42,300 120 30 $ 162,000 4,000 0 $ 936,000 18,200 63.000 Total 200 4,000 81,200 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 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- Annual Hours per unit Production Rims 0.70 26,000 units Posts 90,000 units Additional information about the company follows: a. Rims require $14 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $18 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: 0.70 Activity Cont Pool Machine setups Special processing General factory Activity Measure Number of setups Machine-hours Direct labor-hours Estimated Activity Estimated Overhead Cost Rims Posts $ 42,300 120 80 $ 162,000 4.000 0 $ 936,000 18,200 63.000 Total 200 4,000 81,200 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 answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts