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Activity-Based Costing Coral Marine Company has total estimated factory overhead for the year of $959,400, divided into four adivities: fabrication, $416,000; assembly. $190,400; setup, $117,000;

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Activity-Based Costing Coral Marine Company has total estimated factory overhead for the year of $959,400, divided into four adivities: fabrication, $416,000; assembly. $190,400; setup, $117,000; and inspection, $236,000. 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 Setup Inspection Assembly 1,700 dih 1,200 dih 40 setups Speedboat Bass boat 90 Inspections 2,000 1,100 90 500 3,200 dih 2,800 dth 130 setups 590 inspections Each product is budgeted for 200 units of production for the year, a. Determine the activity rates for each activity, Fabrication per dih Assembly per dih 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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