Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates $ SA Ordering and receiving Food processing Packaging +A SA $ What is the total overhead applied? Total overhead applied 6A $ per order per machine hour per labor hour Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates $ SA Ordering and receiving Food processing Packaging +A SA $ What is the total overhead applied? Total overhead applied 6A $ per order per machine hour per labor hour Concord, 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 Estimated Overhead Estimated Use of Cost Drivers per Activity Ordering and receiving $80,500 12,500 orders Food processing 457,620 58,000 machine hours Packaging 1,523,330 439,000 labor hours For 2020, the company had 10,800 orders and used 50,100 machine hours, and labor hours totaled 507,000