VERSION CALCULATORPRINTER URCES - Due Question 1 Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 48 range instruments and 301 pressure gauges were produced, and overhead costs of $82,130 were estimated. An analysis of estimated overhead costs reveals the following activities Total Cost $33,990 27,560 20,580 $82,130 Activities Cost Drivers 1. Materials handling 2. Machine setups 3. Quality inspections Is handling Number of Number of requisitions Number of setups Number of inspections The cost driver volume for each product was as follows. Cost Drivers Instruments Gauges Total Number of requisitions Number of setups Number of inspections 405 180 240 625 1,030 340 520 250 490 Determine the overhead rate for each activity. Overhead Rate Materials handling Machine setups Quality inspections s LINK TO TEXT VIDEO1 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.) Instruments Gauges