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Required information Lakeside Incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Required: Compute the activity rates for

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Required information Lakeside Incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Required: Compute the activity rates for each of the following activity pools. Note: Round your answers to 2 decimal places. Required: Suppose the Speedy boat requires 2,900 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. Required: Suppose the Luxury boat requires 6.670 machine hours, 110 batches, and 210 inspections. Using activity proportions, determine the amount of overhead assigned to the Luxury product line. Note: Round your final answers to the neorest whole number

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