Fontillas Instrument, Inc., manufactures two products: missile range instruments and space pressure gauges. During April, it produced 50 range instruments and 250 pressure gauges and incurred estimated overhead costs of $94,400. An analysis of estimated overhead costs reveals the following activities Activities Cost Drivers Total Cost 1. Material handing Number of requisitions $33,300 2. Machine set-ups Number of set-ups 28,200 3. Quality inspections Number of inspections 32,900 594,400 The cost driver volume for each product was as follows: Cost Drivers Number of requisitions Number of set-ups Number of inspections Instruments Gauges Total 500 610 1,110 150 320 470 290 410 700 Determine the overhead rate for each activity The overhead rates are: Rate Activity Cost Pool Material handling per requisition Machine setups per set-up Inspections per inspection LINK TO TEXT LINK TO TERT VIDEO SIMILAR EXERCISE Amign the manufacturing overhead costs for April to the two products using activity based couting Instruments Gauges Overhead cost per unit LINK TO THE CINK TO TY VIDEO SIMILAREERISE