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Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,024,800,...

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Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,024,800, divided into four activities: fabrication, $364,000; assembly, $170,000; setup, $142,800; and inspection, $348,000. Maritime manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 900 dlh 1,600 dlh 50 setups 80 inspections Bass boat 1,900 900 120 500 2,800 dih 2,500 dih 170 setups 580 inspections . Each product is budgeted for 200 units of production for the year. a. Determine the activity rates for each activity. Fabrication 130 per dih Assembly 68 per dlh Setup 840 per setup Inspection 600 per inspection b. Determine the factory overhead cost per unit for each product, using activity-based costing. If required, round to the nearest cent. Speedboat $ Bass boat Feedback

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