Maritime Marine Company has total estimated factory overhead for the year of $1,032,700, divided into four...

 

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Maritime Marine Company has total estimated factory overhead for the year of $1,032,700, divided into four activities: fabrication, $416,000; assembly, $182,500; setup, $146,200; and inspection, $288,000. 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: Speedboat Bass boat Fabrication Assembly Setup Inspection Fabrication Speedboat 900 dlh Bass boat 2,300 3,200 dlh Assembly 1,700 dlh 170 setups Each product is budgeted for 100 units of production for the year, a. Determine the activity rates for each activity. 800 2,500 dih Setup 60 setups 110 per dih per setup per inspection b. Determine the factory overhead cost per unit for each product, using activity-based costing. If required, round to the nearest cent. Inspection 80 inspections 400 480 inspections per dih Maritime Marine Company has total estimated factory overhead for the year of $1,032,700, divided into four activities: fabrication, $416,000; assembly, $182,500; setup, $146,200; and inspection, $288,000. 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: Speedboat Bass boat Fabrication Assembly Setup Inspection Fabrication Speedboat 900 dlh Bass boat 2,300 3,200 dlh Assembly 1,700 dlh 170 setups Each product is budgeted for 100 units of production for the year, a. Determine the activity rates for each activity. 800 2,500 dih Setup 60 setups 110 per dih per setup per inspection b. Determine the factory overhead cost per unit for each product, using activity-based costing. If required, round to the nearest cent. Inspection 80 inspections 400 480 inspections per dih

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