! Required information Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing...
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! Required information Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Estimated Activity Cost Pools Machining Setup Quality control Total Cost Estimated Cost Driver $ 525,000 88,770 137,060 17,500 machine hours 440 batches 890 inspections Suppose the Speedy boat requires 2,680 machine hours, 100 batches, and 300 inspections. Using the activity rates, determine the amount of overhead assigned to the Speedy product line. (Round your intermediate calculations to 2 decimal places and your final answers to the nearest dollar amount.) Cost Pool Allocated Overhead Machining Setup Costs Quality Control Total Overhead $ ! Required information Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Estimated Activity Cost Pools Machining Setup Quality control Total Cost Estimated Cost Driver $ 525,000 88,770 137,060 17,500 machine hours 440 batches 890 inspections Suppose the Speedy boat requires 2,680 machine hours, 100 batches, and 300 inspections. Using the activity rates, determine the amount of overhead assigned to the Speedy product line. (Round your intermediate calculations to 2 decimal places and your final answers to the nearest dollar amount.) Cost Pool Allocated Overhead Machining Setup Costs Quality Control Total Overhead $
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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