Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools EstimatedTotal Cost Estimated Cost Driver Machining $ 334,000 13,600 machine hours Setup 76,000 420 batches Quality control 103,000 830 inspections Compute the activity rates for each of the following activity cost pools: How do you find the activitiy costs???
Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost. Activity Cost Pools EstimatedTotal Cost Estimated Cost Driver Machining $ 334,000 13,600 machine hours Setup 76,000 420 batches Quality control 103,000 830 inspections Compute the activity rates for each of the following activity cost pools: How do you find the activitiy costs???
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Lakeside Inc. manufactures four lines of remote control boats and uses activity-based costing to calculate product cost.
| Activity Cost Pools | Estimated Total Cost |
Estimated Cost Driver | ||
| Machining | $ | 334,000 | 13,600 | machine hours |
| Setup | 76,000 | 420 | batches | |
| Quality control | 103,000 | 830 | inspections | |
Compute the activity rates for each of the following activity cost pools:
How do you find the activitiy costs???
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