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Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pool 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 Pool | Estimated Total Cost | Estimated Cost Driver | ||
Machining | $ | 324,000 | 13,100 | machine hours |
Setup | 68,000 | 440 | batches | |
Quality control | 96,000 | 900 | inspections |
Compute the activity rates for each of the following activity cost pools: (Round your answers to 2 decimal places.)
Machining | Per Machine Hour | |
Setup Costs | Per Batch | |
Quality Control | Per Inspection |
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