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M4-10 Assigning Costs Using Activity Proportions [LO 4-5 Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost

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M4-10 Assigning Costs Using Activity Proportions [LO 4-5 Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost Activity Cost Pools Machining Setup Quaity control Estimated Total Cost $ 328,000 78,000 85,000 Estimated Cost Driver 13.900 machine hours 340 batches 850 inspections Suppose the Luxury boat requires 4,650 machine hours, 225 inspections, and 59 batches. Using activity proportions, determine the amount of overhead assigned to the Luxury product line. (Round your intermediate calculations to the nearest whole percentage and your final answer to the nearest whole number.) Cost Pool Allocated Overhead Machining Setup Costs Quality Control Total Overhead

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