Activity-based costing:factory overhead costs The total factory overhead for Cypress Marine Company is budgeted for the year at $963,600, divided into four activities: fabrication, $462,000, assembly, $198,000, setup, $163,350, and inspection, $140,250. 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: Each product is budgeted for 7,000 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 \$ Bass Boats \$ per unit per unit