Activity$-$Based Costing

Maritime Marine Company has total estimated factory overhead for the year of $$841,400,$ divided into four activities: fabrication, $$421,600$; assembly, $$151,800$; setup $$104,000$; and inspection, $$164,000.$ 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:

$\backslash$table$[[,$Fabrication,Assembly,Setup,Inspection$],[$Speedboat$,1,100dlh,1,600dlh,50$ setups,$110$ inspections$],[$Bass boat,$2,300,700,\frac{80}{30},\frac{300}{410}$ inspections$]]$

Each product is budgeted for $200$ units of production for the year.

a$.$ Determine the activity rates for each activity.

Fabrication

Assembly

Setup

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