Suppose the Luxury boat requires 5,250 machine hours, 192 inspections, and 102 batches. Using activity...
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Suppose the Luxury boat requires 5,250 machine hours, 192 inspections, and 102 batches. Using activity proportions, determine the amount of overhead assigned to the Luxury product line.
M4-10 to M4-12 Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools Machining Setup Quality control Estimated Total Cost $659,400 103,785 161,280 Estimated Cost Driver 21,000 machine hours 510 batches 960 inspections M4-12 (Algo) Assigning Costs Using Activity Proportions (LO 4-5] Suppose the Luxury boat requires 5,250 machine hours, 192 inspections, and 102 batches. Using activity proportions, determi amount of overhead assigned to the Luxury product line. (Round your final answers to the nearest whole number.) Answer is complete but not entirely correct. Cost Pool Allocated Overhead 164,850 Machining $ Setup Costs $ 39,072 X Quality Control $ 17,136 X Total Overhead $ 217,863
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