Activity-based costing:factory overhead costs. The total factory overhead for Cypress Marine Company is budgeted for the year at $904,500, divided into four activities: fabrication, $405,000, assembly, $162,000, setup, $182,250, and inspection, $155,250. Cypress Marine manufoctures two types of boats: speedboats and bass boats. The activity-base usage quantites for each product by each activity are as follows: Each product is budgeted for 3,500 units of production for the year