Sandhill, 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 $97,045 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Total Cost 1. Materials handling Number of requisitions $41,000 2. Machine setups Number of setups 29,795 3. Quality inspections Number of inspections 26,250 $97,045 The cost driver volume for each product was as follows, Cost Drivers Instruments Gauges Total Number of requisitions 375 650 1,025 Number of setups 175 330 505 Number of inspections 240 285 525 Determine the overhead rate for each activity. Overhead Rate Materials handling $ 40 per requisition Machine setups $ 59 per setup Quality inspections $ 70 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. 12.25.) Instruments Gauges Total cost assigned $ $ $ 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. 12.25.) Instruments Gauges Total cost assigned $ $ $ Overhead cost per Unit $ $ e Textbook and Media