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 $117,750 425,150 1,944,560 15,700 orders 55,000 machine hours 436,000 labor hours For 2020, the company had 11,300 orders and used 49,700 machine hours, and labor hours totaled 491,000. 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 $