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Show Me How Activity-based costing:factory overhead costs The total factory overhead for...

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Accounting

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Activity-based costing:factory overhead costs
The total factory overhead for Cypress Marine Company is budgeted for the year at $1,664,350, divided into four activities: fabrication, $903,000, assembly, $312,000, setup, $245,100, and inspection, $204,250. 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:
\table[[,Fabrication,Assembly,Setup,Inspection],[Speedboat,10,750dlh,29,250dlh,77 setups,134 inspections],[Bass boat,32,250,9,750,568,941],[43,000dlh,39,000dlh,645 setups,1,075 inspections],[,,,,]]
Each product is budgeted for 4,500 units of production for the year.
a. Determine the activity rates for each activity.
Fabrication
Assembly
Setup
Inspection
per dlh
per dlh
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 per unit
Bass Boats per unit
image

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