Question - Lakeside Inc. manufactures four lines of remote control boats and uses activity-based coating to calculate product cost.
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Activity Cost Pools
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Estimated Total Cost
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Estimated Cost Driver
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Machining
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$317,000
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13,800 machine hours
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Setup
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58,000
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280 batches
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Quality Control
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98,000
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710 inspections
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Suppose the Speedy beet requires 1,500 machine hours, 92 batches, and 320 inspections.
Using the activity rates, determine the amount of overhead assigned to the Speedy product line.