15,750 Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $794,200, divided into four activities: fabrication, $441,000; assembly, $160,000; setup, $103,950; and Inspection, $89,250. Hardot Marine manufactures two types of bonts: speedbonts and bass bonts. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 5,250 dih 15,000 dih 38 setups 66 Inspections Bass boat 5,000 277 459 21,000 dih 20,000 din 315 setup 525 Inspections Each product is budgeted for 7,000 units of production for the year. a. Determine the activity rates for each activity. Fabrication per direct labor hour Assembly per direct labor hour Setup per setup Inspection per inspection b. Determine the activity-based factory overhead per unit for each product. Round to the nearest whole dollar. per unit Speedboat Bass boat per unit Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the year at $1,170,125, divided into two departments: Fabrication, $756,250, and Assembly, $413,875. Bardot Marine manufactures two types of boats: speedboats and bass boats. The speedboats require three direct labor hours in Fabrication and four direct labor hours in Assembly. The bass boats require two direct labor hours in Fabrication and three direct labor hours in Assembly. Each product is budgeted for 5,500 units or production for the year. If required, round all per unit answers to the nearest cent. a. Determine the total number of budgeted direct labor hours for the year in each department. Fabrication 22,000 X direct labor hours Assembly 27,500 X direct labor hours b. Determine the departmental factory overhead rates for both departments, Fabrication 31.5 X per dih Assembly 15.0 X per dih c. Determine the factory overhead allocated per unit for each product using the department factory overhead allocation rates Speedboat: 126.0 X per unit Bass boats 75.3 X per unit