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 Quality control Estimated Total Cost $328,000 71,000 97,000 Estimated Cost Driver 13,800 machine hours 380 batches 860 inspections Suppose the Luxury boat requires 4,350 machine hours, 165 inspections, and 61 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.) Allocated Overhead $ 103,400 Cost Pool Machining Setup Costs Quality Control Total Overhead $ 103,400