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.
Estimated
Activity Cost Pools Total Cost Estimated cost Driver
Machining
$581,400 19,000 machine hours
Setup
95, 175 470 batches
Quality control
147,200 920 inspections
M4-10 (Algo) Calculating Activity Rates for ABC System (LO 4-4)
Compute the activity rates for each of the following activity cost pools: (Round your answers to 2 decimal places.)
Machining
Setup Costs
Quality Control
per Machine Hour
per Batch
per Inspection

Afriend of mine is giving a dinner party. his current wine supply includes 10 bottles of zinfandel, 8 of merlot, and 11 of cabernet (he only drinks red wine), all from different wineries. (a) if he wants to serve 3 bottles of zinfandel and serving order is important, how many ways are there to do this? ways (b) if 6 bottles of wine are to be randomly selected from the 29 for serving, how many ways are there to do this? ways (c) if 6 bottles are randomly selected, how many ways are there to obtain two bottles of each variety? ways (d) if 6 bottles are randomly selected, what is the probability that this results in two bottles of each variety being chosen? (round your answer to three decimal places.) (e) if 6 bottles are randomly selected, what is the probability that all of them are the same variety? (round your answer to three decimal places.)