Activity-Based Costing Coral Marine Company has total estimated factory overhead for the year of $984,000, divided into four activities: fabrication, $444,800; assembly, $149,600; setup, $169,500; and inspection, $220,000. Coral 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 1,000 din 1,500 din 50 setups 90 inspections Bass boat 2,200 700 110 350 3,200 din 2,200 din 160 setups 440 Inspections Each product is budgeted for 100 units production for the year. a. Determine the activity rates for each activity. Fabrication $ 139 per dih Assembly 68 per dih Setup 1,060 per setup Inspection 500 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