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 $94,470. An analysis of estimated overhead costs reveals the following activities: Activities 1. Material handling 2. Machine set-ups 3. Quality inspections Cost Drivers Number of requisitions Number of set-ups Number of inspections Total Cost $32,670 28,000 33,800 $94,470 The cost driver volume for each product was as follows: Cost Drivers Number of requisitions Number of set-ups Number of inspections Instruments Gauges 540 670 180 320 240 410 Total 1,210 500 650 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 69 Inspections per inspection ta Assign the manufacturing overhead costs for April to the two products using activity-based costing. Instruments Gauges Overhead cost per unit $