Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 47 range instruments and 303 pressure gauges were produced, and overhead costs of $85,060 were estimated. An analysis of estimated overhead costs reveals the following activities. 1. 2. 3. Activities Cost Drivers Materials handling Number of requisitions Machine setups Number of setups Quality inspections Number of inspections Total Cost $36,000 26,265 22,795 $85,060 The cost driver volume for each product was as follows. Cost Drivers Instruments Gauges Number of requisitions 385 615 Number of setups 205 310 Number of inspections 235 250 Total 1.000 515 485 Determine the overhead rate for each activity. Overhead Rate Materials handling $ Machine setups $ Quality inspections $ e Textbook and Media Number of setups Number of inspections 205 235 310 250 515 485 Determine the overhead rate for each activity. Overhead Rate Materials handling $ $ Machine setups Quality inspections $ eTextbook and Media swers Assign the manufacturing overhead costs for April to the two products using activity-based costing. (Round per unit answe to 2 decimal places, e.g. 12.25.) Instruments Gauges Total cost assigned Overhead cost per Unit $ eTextbook and Media