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M4-8 Calculating Activity Rates for ABC System [LO 4-4] Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product

M4-8 Calculating Activity Rates for ABC System [LO 4-4]

Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost.

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M4-8 Calculating Activity Rates for ABC System [LO 4-4] Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costin to calculate product cost. Estimated Total Cost 333,000 12,600 machine hours Activity Cost Pools Machining Setup Quality control Estimated Cost Driver 77,000 00,000 810 inspections 380 batches Compute the activity rates for each of the following activity cost pools: (Round your answer to 2 decimal places.) Machining26.42 per Machine Setup Costs202.63 per Batch Quality Control123.50 per Inspection Hour

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