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Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools Machining Quality control Setup Estimated

Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools Machining Quality control Setup Estimated Total Cost Estimated Cost Driver $470,400 16,000 machine hours 82,410 127,280 410 batches 860 inspections M4-11 (Algo) Assigning Costs Using Activity Rates [LO 4-4] Suppose the Speedy boat requires 2,620 machine hours, 100 batches, and 300 inspections. Using the activity rates, determine the amount of overhead assigned to the Speedy product line. (Round your intermediate calculations to 2 decimal places and your final answers to the nearest dollar amount.) Cost Pool Machining Setup Costs Allocated Overhead Quality Control Total Overhead

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