M4-10 to M4-12 Lakeside Incorporated manufactures four lines of remote control boats and uses activitybased costing to calculate product cost. M4-11 (Algo) Assigning Costs Using Activity Rates [LO 4-4] Required: Suppose the Speedy boat requires 2,660 machine hours, 100 batches, and 300 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