Question
Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools Estimated Total Cost Estimated Cost
Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost.
| Activity Cost Pools | Estimated Total Cost | Estimated Cost Driver | ||
| Machining | $ | 332,000 | 12,300 | machine hours |
| Setup | 63,000 | 370 | batches | |
| Quality control | 103,000 | 760 | inspections | |
Compute the activity rates for each of the following activity cost pools: (Round your answers to 2 decimal places.)
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Fundamental financial accounting concepts
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward
8th edition
978-007802536, 9780077648831, 0078025362, 77648838, 978-0078025365
