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Lakeside Incorporated manufactures four lines of remote control boats and uses activity - based costing to calculate product cost. table [ [ , Estimated,
Lakeside Incorporated manufactures four lines of remote control boats and uses activitybased costing to calculate product cost.
tableEstimated,Activity Pools,Total Cost,Estimated Cost DriverMachining$ machine hoursSetup batchesQuality control, inspections
MAlgo Assigning Costs Using Activity Rates LO
Required:
Suppose the Speedy boat requires machine hours, batches, and inspections. Using the activity rates, determine the amount of overhead assigned to the Speedy product line.
Note: Do not round your intermediate calculations and round your final answers to the nearest dollar amount.
tableCost Pool,Allocated OverheadMachiningSetupQuality Control,Total Overhead,
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