Exercise 17-09 a-b (Video) (Part Level Submission) Coronado, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $81,470 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Total Cost 1. Cost Drivers Number of requisitions Number of setups Number of inspections Materials handling Machine setups Quality inspections 2. 3. $31,350 28,280 21,840 $81,470 The cost driver volume for each product was as follows. Cost Drivers Instruments Total Gauges 625 420 Number of requisitions Number of setups Number of inspections 185 320 1,045 505 520 255 265 (a) Determine the overhead rate for each activity. Overhead Rate Materials handling per requisition $ Machine setups per setup $ Quality inspections per inspection $ 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 assigned $ Overhead cost per Unit Click if you would like to Show Work for this question: Open Show Work