Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $844,000, divided into four activities: fabrication, 5390,000 , assembly, $168,000, setup, $156,000, and inspection, $130,000. 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: Each product is budoeted for 3,500 units of production for the year. a. Determine the activity rates for each activity. b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar. Speedboats 5 per unit Bass Boats 5 per unit