Exercise 17- 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. Activities Cost Drivers Total Cost 1. Materials handling 2 Machine setups 3. Quality inspections Number of requisitions Number of setups Number of inspections $35,360 27,270 24,675 $87,305 The cost driver volume for each product was as follows. Cost Drivers Instruments Gauges Total Number of requisitions Number of setups Number of inspections 380 220 260 660 1,040 285 265 505 525 Determine the overhead rate for each activity. Overhead Rate Materials handling Machine setups Quality inspections s LINK TO TEXT VIDEO: STMILAR EXERCISE Assign the manufacturing overhead costs for April to the two products using activity-based costing. (Round per unit answers to 2 decimal places, e.g. 12.25.) Instruments Gauges Total cost assign Overhead cost per Unit Click if you ed would like to Show Work for this question Show Work LINK TO TEXT VIDEO: STMILAR EXERCISE