Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $1,400,150, divided into four activities: fabrication, $574,000 assembly, $246,000, setup, $313,650, and inspection, $266,500. 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 5,000 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 1 per unit Bass Boats 1 per unit