Activity-Based Costing Coral Marine Company has total estimated factory overhead for the year of $1,069,400, divided into four activities: fabrication, $426,000; assembly, $177,600; setup, $159,800; and inspection, $306,000. 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: Speedboat Fabrication 1,000 dlh Bass boat 2,000 Assembly 1,400 dlh 1,000 Setup Inspection 50 setups 110 inspections 120 400 3,000 dlh 2,400 dlh 170 setups 510 inspections Each product is budgeted for 100 units of production for the year. a. Determine the activity rates for each activity. Fabrication per dlh Assembly Setup Inspection per dlh per setup 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