Determine the overhead rate for each activity. Overhead Rate Materials handling $ per requisition Machine setups $ $ per setup Quality inspections $ 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 $ $ Air United, 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 $86,175 were estimated. An analysis of estimated overhead costs reveals the following activities. 1. Activities Materials handling Machine setups Quality inspections 2 Cost Drivers Number of requisitions Number of setups Number of inspections Total Cost $36,540 26,010 23,625 $86,175 3. The cost driver volume for each product was as follows. Cost Drivers Number of requisitions Number of setups Number of inspections Instruments 415 225 Gauges 600 Total 1,015 510 285 270 255 525