Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,012,500, divided into four activities: fabrication, $359,100; assembly, $175,000; setup, $173,400; and inspection, $305,000. 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: Speedboat Bass boat Fabrication Assembly Setup Fabrication Inspection 800 dlh Speedboat Bass boat 1,900 2,700 dlh Assembly 1,700 dih 800 2,500 dlh 170 setups Each product is budgeted for 100 units of production for the year. a. Determine the activity rates for each activity. 110 Setup 60 setups per dlh per dlh Inspection 110 inspections 500 610 inspections 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.

Martime Marine Company has total estimated factory overhead for the year of $1,012,500, divided into four activities: fabrication, $359,100; assembly, $175,000, setup, $173,400; and inspection, $305,000. 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: Each product is budgeted for 100 units of production for the year. a. Determine the activity rates for each octivity. b. Determine the factory overhead cost per unit for each product, using activity based costing. If required, round to the nearest cent