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Required information [The following information applies to the questions displayed below.) Performance Products Corporation makes...

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Required information [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 Annual per unit Production 0.40 20,000 units 0.20 80,000 units Rins Ponto Additional Information about the company follows: a. Rims require $17 in direct materials per unit, and Posts require $10. b. The direct labor wage rate is $16 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: Ratimated Activity Activity Cont Pool Machine setup Special processing General factory Ativity Measure Number of setups Machine-hours Direct labor-hours Estimated Overhead Cost $ 21,600 $ 180,000 $ 288,000 Rima 100 4,000 8,000 Posts 80 0 16.000 Total 180 4.000 24,000 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.) Answer is complete but not entirely correct. $1434 Unit product cost of Rims Unit product cost of Posts 514.34

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