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Required information Skip to question Lakeside Incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Pools Estimated
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Lakeside Incorporated manufactures four lines of remote control boats and uses activity-based costing to calculate product cost.
Activity Pools | Estimated Total Cost | Estimated Cost Driver | |
---|---|---|---|
Machining | $ 600,600 | 19,500 | machine hours |
Setup | 97,320 | 480 | batches |
Quality control | 150,660 | 930 | inspections |
Required:
Suppose the Speedy boat requires 2,760 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.
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