Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $1,368,100, divided into four activities: fabrication, $627,000, assembly, $256,000, setup, $262,350, and inspection, $222,750. 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: Speedboat Bass boat Fabrication Assembly Setup Fabrication Inspection 8,250 dlh Speedboats $ Bass Boats $ 24,750 33,000 dlh Each product is budgeted for 6,000 units of production for the year. a. Determine the activity rates for each activity. per dlh Assembly 24,000 dlh 8,000 32,000 dlh per dlh per unit Setup per unit 59 setups 436 495 setups per setup per inspection b. Determine the activity-based factory overhead per unit for each product. Round all per unit answers to the nearest dollar. Inspection 103 inspections 722 825 inspections

Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $1,368,100, divided into four activities: fabrication, $627,000, assembly, $256,000, setup, $262,350, and inspection, $222,750. 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 budgeted for 6,000 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