! 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
$581,400 19,000 machine hours
95, 175 470 batches
147,200 920 inspections
M4-11 (Algo) Assigning Costs Using Activity Rates (LO 4.4)
Suppose the Speedy boat requires 2,740 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
$
0