Sheridan, 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 $87,170 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 26,010 3. Quality inspections Number of inspections 20,160 $87,170 The cost driver volume for each product was as follows. Cost Drivers Instruments. Gauges Total Number of requisitions 405 595 1,000 Number of setups 195 315 510 Number of inspections 255 225 480 Determine the overhead rate for each activity. Materials handling Machine setups Quality inspections eTextbook and Media Overhead Rate per requisition per setup per inspection 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 $ $