Book Activity-Based Costing Show Me How Coral Marine Company has total estimated factory overhead for the year of $943,900, divided into four activities: fabrication, $387,500; assembly, $172,500; setup, $127,400; and inspection, $256,500. Coral manufactures two types of boats: a speedboat and a bass boat. The activity-base usage quantities for each product by each activity are as follows: Assembly Setup Fabrication Inspection Speedboat 1,200 dih 1,600 dlh Bass boat 1,900 700 40 setups 90 120 inspections 450 3,100 dih 2,300 dih 130 setups 570 inspections Each product is budgeted for 100 units of production for the year. a. Determine the activity rates for each activity. Fabrication Assembly Setup Inspection 1,200 X per dih per dih per setup per inspection b. Determine the factory overhead cost per unit for each product, using activity-based costing. If required, round to the nearest cent. Speedboat Bass boat Feeback Check My Work a. Divide each activity cost by the activity base usage quantity. Check My Work Previous Next Save and Exit Submit Assignment