Brief Exercise 17-7 Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2017 Estimated Overhead Expected Use of Cost Drivers per Activity Activity Cost Pools Ordering and receiving Food processing Packaging $95,95314,300 orders 497,150 61,000 machine hours 1,680,210 441,000 labor hours For 2017, the company had 10,100 orders and used 50,600 machine hours, and labor hours totaled 494,000 Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Ordering and receiving Food processing Packaging per order per machine hour per labor hour