Sheffield, 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 $87,830 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities 1. Materials handling 2. Machine setups Cost Drivers Number of requisitions Total Cost $35,360 Number of setups 27,270 3. Quality inspections Number of inspections 25,200 $87,830 The cost driver volume for each product was as follows. Cost Drivers Number of requisitions Number of setups Number of inspections Instruments Gauges Total 380 660 1,040 220 285 505 260 265 525 Determine the overhead rate for each activity. Overhead Rate Materials handling per requisition Machine setups per setup Quality inspections per inspection LINK TO TEXT VIDEO: SIMILAR EXERCISE 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.) Total cost assigned Overhead cost per Unit Instruments Gauges