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M$4-10$ to M$4-12$

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

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M$4-11($Algo$)$ Assigning Costs Using Activity Rates $[$LO $4-4]$

Required:

Suppose the Speedy boat requires $2,600$ machine hours, $100$ batches, and $300$ inspections. Using the activity rates, determine the amount of overhead assigned to the Speedy product line.

Note: Do not round your intermediate calculations and round your final answers to the nearest dollar amount.

$\backslash$table$[[$Cost Pool,Allocated Overhead$],[$Machining$,],[$Setup$,],[$Quality Control,$],[$Total Overhead,$