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Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Poola Machining Setup Quality control Estimated

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Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Poola Machining Setup Quality control Estimated Total Cost Estimated Cost Driver $470,400 16,000 machine hours 82,410 410 batches 127,280 860 inspections M4-11 (Algo) Assigning Costs Using Activity Rates [LO 4.4) Suppose the Speedy boat requires 2,620 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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