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Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Estimated Total Cost $321,000 13,100 machine hours Activity
Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Estimated Total Cost $321,000 13,100 machine hours Activity Cost Pools Machining Setup Quality control Estimated Cost Driver 72,000 420 batches 96,000 720 inspections Suppose the Speedy boat requires 3,500 machine hours, 99 batches, and 300 inspections. Using the activity rates, determine the amount of overhead assigned to the Speedy product line. (Round intermediate calculations to 2 decimal places and your final answers to the nearest dollar amount.) Cost Pool Allocated Overhead Machining Setup Costs Quality Control Total Overhead $
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