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. Activity Cost Pools Ordering and receiving Food processing Packaging Estimated Overhead $93,572 522,660 1,927,200 Estimated Use of Cost Drivers per Activity 14,900 orders 62,000 machine hours 440,000 labor hours For 2020, the company had 10,200 orders and used 51,000 machine hours, and labor hours totaled 509,000. 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 $