Fontillas Instrument, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, it produced 50 range Instruments and 200 pressure gauges and incurred estimated overhead costs of $94,200. An analysis of estimated overhead costs reveals the following activities: Activities Cost Drivers Total Cost 1. Material handling Number of requisitions $33,210 2. Machine set-ups Number of set-ups 28,600 3. Quality inspections Number of inspections 32,390 $94,200 The cost driver volume for each product was as follows: Cost Drivers Number of requisitions Number of set-ups Number of inspections Instruments Gauges 570 660 150 400 290 500 Total 1,230 550 790 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 LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE Assign the manufacturing overhead costs for April to the two products using activity-based costing. nstruments Gauges Overhead cost per unit