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ignore the red x's I had wrong answers previously Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $954,200, divided
ignore the red x's I had wrong answers previously
Activity-Based Costing Maritime Marine Company has total estimated factory overhead for the year of $954,200, divided into four activities: fabrication, $444,000; assembly, $165,900; setup, $114,800; and inspection, $229,500. Maritime 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: Fabrication Assembly Setup Inspection Speedboat 800 dih 1,400 dlh 40 setups 110 inspections Bass boat 2,200 700 100 400 3,000 dih 2,100 dlh 140 setups 510 inspections Each product is budgeted for 100 units of production for the year. a. Determine the activity rates for each activity. Fabrication X per dih Assembly X per dih $ $ Setup X per setup Inspection X 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 boatStep by Step Solution
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