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Maritime Marine Company has total estimated factory overhead for the year of $1,019,600, divided into four activities: Fabrication, $373,600; assembly, $175,500; setup, $147,000; and inspection,
Maritime Marine Company has total estimated factory overhead for the year of $1,019,600, divided into four activities: Fabrication, $373,600; assembly, $175,500; setup, $147,000; and inspection, $324,500. 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 900 din 1,700 din SO setups 90 inspections Bass boat 1,800 1,000 500 2,700 din 2,700 din 150 setups 590 Inspections Each product is budgeted for 100 units of production for the year, a. Determine the activity rates for each activity, Fabrication Xper din 100 Assembly per dth Setup per setup Inspection 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
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