Fontillas Instrument, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, it produced 50 range instruments and 300 pressure gauges and incurred estimated overhead costs of $94,260. An analysis of estimated overhead costs reveals the following activities: Activities Cost Drivers 1. Material handling Number of requisitions 2. Machine set-ups Number of set-ups 3. Quality inspections Number of inspections Total Cost $32,480 28,500 33,280 $94,260 The cost driver volume for each product was as follows: Instruments Gauges 500 660 Total 1,160 Cost Drivers Number of requisitions Number of set-ups Number of inspections 170 330 500 220 420 640 Determine the overhead rate for each activity. The overhead rates are: : Activity Cost Pool Rate Material handling $ per requisition Machine set-ups $ per set-up Inspections $ per inspection Assign the manufacturing overhead costs for April to the two products using activity-based costing. Instruments Gauges Overhead cost per unit