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Required information M4-10 to M4-12 Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools
Required information M4-10 to M4-12 Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools Setup Machining Quality control Estimated Total Cost $620,000 99,470 154,160 Estimated Cost Driver 20,000 machine hours 490 batches 940 inspections Compute the activity rates for each of the following activity cost pools: (Round your answers to 2 decimal places.) Machining Setup Costs Quality Control per Machine Hour per Batch - per Inspection M4-11 (Algo) Assigning Costs Using Activity Rates [LO 4-4] Suppose the Speedy boat requires 2,780 machine hours, 100 batches, and 300 inspections. Using the activity rates, determine the amount of overhead assigned to the Speedy product line. (Round your intermediate calculations to 2 decimal places and your final answers to the nearest dollar amount.) Cost Pool Machining Setup Costs Quality Control Total Overhead Allocated Overhead Suppose the Luxury boat requires 7,800 machine hours, 235 inspections, and 98 batches Using activity proportions, determine the amount of overhead assigned to the Luxury product line. (Round your final answers to the nearest whole number.) Cost Pool Allocated Overhead Machining Setup Costs Quality Control Total Overhead $ 300,234
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