Required information M4-10 to M4-12 Lakeside Incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. M4-11 (Algo) Assigning Costs Using Activity Rates [LO 4-4] Required: Required: Suppose the Speedy boat requires 2.640 mochine 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. M4-10 to M4-12 Lakeside Incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost M4-12 (Algo) Assigning Costs Using Activity Proportions [LO 4-5] Required: Suppose the Luxury boat requires 5,280 machine hours, 84 batches. and 174 inspections. Using activity proportions, determine the amount of overhead assigned to the Luxury product line. Note: Round your final answers to the nearest whole number