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Activity Based Costing Coral Marine Company has total estimated factory overhead for the year of $948,100, divided into four activities fabrication, $384,400; assembly, $175,200; setup
Activity Based Costing Coral Marine Company has total estimated factory overhead for the year of $948,100, divided into four activities fabrication, $384,400; assembly, $175,200; setup $141.000; and inspection, $247.500. Coral manufactures two types of boats a speedboat and a boss boat. The activity base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 800 din 1,500 din 30 setups 100 Inspections Bass boat 2,300 900 120 450 3,100 din 2.400 dih 150 setups 550 Inspections Each product is budgeted for 200 units of production for the year. a. Determine the activity rates for each activity Fabrication per din Assembly per din Setup per setup Inspection 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
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