11:22 AM/ Remaining: 107 min Question6 Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. Est. Overhead $ 500 orders 450 setups 125000 MH 150000 324000 Ordering and Receiving Machine Setup Machining Assembly Inspection Orders Setups Machine hours Parts Inspections 1587500 1260000 1000000 parts 330000 500 inspections If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is $16 O $10. O $37. $13. Click if you would like to Show Work for this question: Open Show Work