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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 Machining Setup Quality control Estimated Total Cost Estimated Cost Driver $488,400 16,500 machine hours 84,525 420 batches 130,500 870 inspections M4-11 (Algo) Assigning Costs Using Activity Rates (LO 4-4] Suppose the Speedy boat requires 2,640 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 Allocated Overhead Machining Setup Costs Quality Control Total Overhead
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