Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Compary is budgeted for the year at $1,380,000, divided into four activities: fabrication, $640,000, assembly, $240,000, setup, $270,000, and inspection, $230,000. Cypress Marine manufactures two types of boots: speedboats and bass boats. The activity-base usage quantites for each product by each activity are as follows: Each product is budgeted for 7,500 units of production for the year. a. Determine the activitu rates for each activitv. b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar