Suppose the speedy boat requires 2500 machine hours 97

Reference no: EM13577837

Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost.

Activity Cost Pool	Estimated Total Cost		Estimated Cost Driver
Machining	$	325,000	13,500	machine hours
Setup		65,000	290	batches
Quality control		98,000	760	inspections

Suppose the Speedy boat requires 2,500 machine hours, 97 batches, and 380 inspections. Using the activity rates, determine the amount of overhead assigned to the Speedy product line. (Round intermediate calculations to 2 decimal places and your final answers to the nearest dollar amount.)

Cost Pool	Allocated Overhead
Machining
Setup Costs
Qualilty Control
Total Overhead

Reference no: EM13577837

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