Ivanhoe 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 $94,690. An analysis of estimated overhead costs reveals the following activities: Activities Cost Drivers Total Cost 1. Material handling Number of requisitions $33,930 2. Machine set-ups Number of set-ups 27,930 3. Quality inspections Number of inspections 32,830 $94,690 The cost driver volume for each product was as follows: Cost Drivers Instruments Gauges Total Number of requisitions 530 640 1,170 Number of set-ups 150 340 490 Number of inspections 260 410 670 Determine the overhead rate for each activity. The overhead rates are: Cost Pool Rate Material handling $ per requisition Machine set-ups $ per set-up Inspections $ per inspection e Textbook and Media 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. 15.25.) Instruments Gauges Overhead cost per unit $ $