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Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,048,200, divided into four activities: fabrication, $473,600; assembly, $165,600; setup, $144,000;
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $1,048,200, divided into four activities: fabrication, $473,600; assembly, $165,600; setup, $144,000; and inspection, S265,000. 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: Fabrication Assembly Setup Inspection Speedboat 1,200 din 1,700 dih 30 setups 80 inspections Bass boat 2,000 700 120 450 3,200 din 2,400 din 150 setups 530 Inspections = Each product is budgeted for 100 units of production for the year. a. Determine the activity rates for each activity Fabrication per die Assembly per din 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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