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7. Marmora, Inc. manufactures two boat models (products), Marlin and Cobia. Marmora's total estimated factory overhead costs are $4,820,000 for the year split between two

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7. Marmora, Inc. manufactures two boat models (products), Marlin and Cobia. Marmora's total estimated factory overhead costs are $4,820,000 for the year split between two processing departments, fabrication and assembling. Fabrication factory overhead cost is $2,800,000 for activity: machine hours. Assembling activity is measured in number of parts. Data for the two products (boats) is: Marlin Cobia Total Factory Overhead applied ????? ????? Machine hours 182,000 108,000 Number of parts 193,000 140,000 Calculate the total factory overhead cost applied to "Marlin using activity-based costing (ABC) (round to nearest $1). Refer to the data in Problem 7 above. Calculate the total factory overhead cost applied to "Cobia" using activity- based costing (ABC) (round to nearest $1)

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