Vaughn, 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. 1. Activities Materials handling Machine setups Quality inspections Cost Drivers Number of requisitions Number of setups Number of inspections 2. 3 Total Cost $41,000 29,795 26,250 $97,045 The cost driver volume for each product was as follows. Total Cost Drivers Number of requisitions Number of setups Number of inspections Instruments 375 175 240 Gauges 650 330 285 1,025 505 525 Determine the overhead rate for each activity, Overhead Rate Materials handling $ per requisition Machine setups $ per setup Quality inspections $ per inspection (b) The parts of this question must be completed in order. This part will be available when you complete the part above