Activity-based costing:factory overhead costs

The total factory overhead for Cypress Marine Company is budgeted for the year at $735,500, divided into four activities: fabrication, $360,000, assembly, $128,000, setup, $135,000, and inspection, $112,500. Cypress Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows:

ItemFabricationAssemblySetupInspectionSpeedboat4,500 dlh12,000 dlh32 setups56 inspectionsBass boat13,5004,000238394Total18,000 dlh16,000 dlh270 setups450 inspections

Each product is budgeted for 4,000 units of production for the year.

a. Determine the activity rates for each activity.

ActivitiesAmountFabricationfill in the blank 1 of 4$ per dlhAssemblyfill in the blank 2 of 4$ per dlhSetupfill in the blank 3 of 4$ per setupInspectionfill in the blank 4 of 4$ per inspection

b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar. Speedboats fill in the blank 1 of 2$ per unit Bass Boats fill in the blank 2 of 2$ per unit