NEXT SE Exercise 17-09 a-b (Video) Coronado, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $81,470 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Total Cost 1. Materials handling Number of requisitions $31,350 2. Machine setups Number of setups 28,280 3. Quality inspections Number of inspections 21,840 $81,470 MS The cost driver volume for each product was as follows. Cost Drivers Instruments Gauges Number of requisitions 420 625 Number of setups 185 320 Number of inspections 255 265 Total 1,045 505 520 Determine the overhead rate for each activity. Overhead Rate Materials handling per requisition $ Machine setups per setup $ per inspection Quality inspections Machine setups per setup $ Quality Inspections per inspection LINK TO TEXT VIDEOI SIMILAR EXERCISE Assign the manufacturing overhead costs for April to the two products using activity-based costing. (Round per unit answers to decimal places, e.g. 12.25.) Instruments Gauges Total cost assigned $ $ Overhead cost per Unit $ - EVERCISE