Brief Exercise 17-7 Spud, Inc. a manufacturer of gourmet potato chips, emplcys actMity-based costing. The budgated data for each of the acavty cost pools is provided below for the yoar 2017 Esti mated Overhead Expected Use of Cost Drivers per Activity Activity Cost Pools Ordering and receiving Food processing Packag ng $95,890 508.400 1.409,370 14,500 orders 62,000 machine hours 431,000 labor hours For 2017, the company had 10,700 orders and used 49,400 machine hours, and labor hours totaed 500,000. Your answer is correct Calcuate the overnead rates tor each actvity. (Round answers to 2 decimal places, eg. 12.25.) Overhead Rates Ordering and recerving Food processing Packaging 6.62 per order 8.20 per machine hour 3.27 per labor hour LINK TO TEXT Your answer is incorrect. Try again. wnet is the total owerhead applied? Tatal overhead appied 5,805,834 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT