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Required information M4-10 to M4-12 Lakeside Inc. manufactures four lines of remote control boats and uses activity-based cos

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Answer #1

Overhead cost/activity=Respective cost/Respective activity

Hence overhead cost for:

Machining=(581400/19000)=$30.6 per machine hour

Setup=(95175/470)=$202.5 per batch

Quality control=(147200/920)=$160 per inspection

Cost Pool Allocated overhead
Machining (30.6*7030)=215,118
Setup costs (202.5*94)=19035
Quality control (160*230)=36800
Total overhead 270953.
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