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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. Estimated Activity Cost
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. Estimated Activity Cost Pools Total Cost Estimated Cost Driver Machining $ 740,600 23,000 machine hours Setup 112,475 550 batches Quality control 176,000 1,000 inspections M4-11 (Algo) Assigning Costs Using Activity Rates (LO 4-4) 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. (Round your intermediate calculations to 2 decimal places and your final answers to the nearest dollar amount.) Allocated Overhead Cost Pool Machining Setup Costs Quality Control Total Overhead
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