Jamesway Corporation makes two types of replacement fittings for heavy construction equipment-screws and bolts. Data regarding the two products follow: Screws Bolts Direct Labour- Hours per Unit Annual Production 0.20 40,000 units 0.10 60,000 units Additional information about the company follows: a. Screws require $8.10 in direct materials per unit, and bolts require $6.10. b. The direct labour wage rate is $30 per hour. c. Screws are more complex to manufacture than bolts, and they require special equipment. d. The ABC system has the following activity cost pools: Activity Cost Pool Machine setups Special processing General factory Required: 1. Compute the activity rate for each activity cost pool. Activity Cost Pool Machine setups Special processing General factory Direct materials Direct labour Overhead Unit cost Activity Measure Number of setups Machine-hours Direct labour-hours Screws Activity Rate per setup per MH per DLH Estimated Overhead Cost $ 19,200 $168,000 $252,000 Bolts Activity Bolts 40 Screws 80 4,000 7,000 14,000 2. Determine the unit cost of each product according to the ABC system, including direct materials and direct labour. (Round your answers to 2 decimal places.) Total 120 4,000 21,000