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Lakeside Incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Pools Machining Setup Quality control M4-12 (Algo)

Lakeside Incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Pools Machining Setup Quality control M4-12 (Algo) Assigning Costs Using Activity Proportions [LO 4-5] Estimated Total Cost $ 620,000 99,470 154,160 Required: Suppose the Luxury boat requires 7,800 machine hours, 98 batches, and 235 inspections. Using activity proportions, determine the amount of overhead assigned to the Luxury product line. Note: Round your final answers to the nearest whole number. Cost Pool Answer is complete but not entirely correct. Allocated Overhead Machining Setup Quality Control Total Overhead $ $ $ $ Estimated Cost Driver 20,000 machine hours 490 batches 940 inspections 2,780 100 300 3,180
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Lakeside incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. M4-12 (Algo) Assigning Costs Using Activity Proportions [LO 4-5] Required: Suppose the Luxury boat requires 7,800 machine hours, 98 batches, and 235 inspections. Using activity proportions, determine the amount of overhead assigned to the Luxury product line. Note: Round your final answers to the nearest whole number. Answer is complete but not entirely correct

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