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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 Quality control Estimated Total Cost $ 330,000 68,000 100.000 Estimated Cost Driver 13,000 machine hours 250 batches 760 inspections Suppose the Luxury boat requires 5,150 machine hours, 155 inspections, and 74 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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