Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $1,115,000, divided into four activities: fabrication, $550,000, assembly, $225,000, setup, $183,750, and inspection, $156,250. 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: Inspection Fabrication Assembly Speedboat 6,250 dih 18,750 dih Bass boat 18,750 6,250 Setup 45 setups 330 78 inspections 547 25,000 dih 25,000 dih 375 setups 625 inspections Each product is budgeted for 6,500 units of production for the year a. Determine the activity rates for each activity. Fabrication i Assembly Setup Inspection per dlh per dih 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. Speedboats $ Bass Boats: per unit per unit