Suppose the speedy boat requires 2500 machine hours 97

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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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