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 Estimated Use of Cost Drivers per Activity Activity Cost Pools Ordering and receiving Food processing Packaging $90,519 496,570 1,814,670 14,300 orders 63,500 machine hours 423,000 labor hours For 2020, the company had 11,300 orders and used 52,000 machine hours, and labor hours totaled 507,000. Your answer is correct. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Ordering and receiving T 6.33 per order Food processing r machine hour Packaging per labor hour x] Your answer is incorrect. Try again. What is the total overhead applied? XE Total overhead applied 2401759 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT