Required information M4-10 to M4-12
Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost.
Estimated
Activity Cost Pools Total Cost Estimated cost Driver
Machining
$581,400 19,000 machine hours
Setup
95, 175 470 batches
Quality control
147,200 920 inspections
M4-10 (Algo) Calculating Activity Rates for ABC System (LO 4-4)
Compute the activity rates for each of the following activity cost pools: (Round your answers to 2 decimal places.)
Machining
Setup Costs
Quality Control
per Machine Hour
per Batch
per Inspection