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Brief Exercise 18-7 Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity cost pools is
Brief Exercise 18-7 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 Expected Use of Overhead Cost Drivers per Activity Activity Cost Pools Ordering and receiving $77.958 12,200 orders 495,360 64.000 machine hours Food processing labor 1,508,220 441,000 hours Packaging For 2017, the company had 11,800 orders and used 50,400 machine hours, and labor hours totaled S03,000 Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Ordering and receiving per order Food processing per machine hour Packaging per labor hour LINK TO TEXT What is the total overhead applied? Total overhead applied LINK TO TEXT
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