Brief Exercise 4-7 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 2020. Estimated Overhead Activity Cost Pools Ordering and receiving Food processing Packaging $94,047 437,360 1,544,400 Estimated Use of Cost Drivers per Activity 14,100 orders 56,000 machine hours 440,000 labor hours For 2020, the company had 11,200 orders and used 49,800 machine hours, and labor hours totaled 504,000. 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 What is the total overhead applied? Total overhead applied Click if you would like to Show Work for this question: Open Show Work