Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 54 range instruments and 298 pressure gauges were produced, and overhead costs of $87,305 were estimated An analysis of estimated overhead costs reveals the following activities. 1. 2 3 "Activities Materials handling Machine setups Quality inspections Cost Drivers Number of requisitions Number of setups Number of inspections Total Cost $35,360 27.270 24,675 $87,305 The cost driver volume for each product was as follows. Cost Drivers Number of requisitions Number of setups Number of inspections Instruments 380 220 260 Gauges 660 285 265 Total 1,040 SOS 525 Determine the overhead rate for each activity. Overhead Rate Materials handling $ Machine setups $ Quality inspections $ e Textbook and Media Assign the manufacturing overhead costs for April to the two products using activity based costing. (Roung per unit answers to 2 decimal places, e.g. 12.25.) Instruments Gauges Total cost assigned $ $ Overhead cost per Unit $