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Determine amount of overhead assigned to luxury product line

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Reference no: EM132233534

Question - FOR PRACTICE ONLY (not for a grade): Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost.

Activity Cost Pools Estimated Total Cost Driver

Machining $340,000 14,000 machine hours

Setup 65,000 350 batches

Quality Control 99,000 770 inspections

Suppose the Luxury boat requires 4,250 machine hours, 135 inspections, and 59 batches. Using activity proportions, determine the amount of overhead assigned to the Luxury product line.

Reference no: EM132233534

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