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please show all work Fontillas Instrument, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, it produced 50 range instruments and
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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 $94,790. 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 $33,210 28,080 33,500 $94,790 The cost driver volume for each product was as follows: Total Cost Drivers Number of requisitions Number of set-ups Number of inspections Instruments Gauges 600 630 180 360 210 460 1,230 540 670 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. Instruments Gauges Overhead cost per unit $ $Step by Step Solution
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