Current Attempt in Progress

Concord Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at $100000$ for the year. The following information is available regarding activity cost pools, cost drivers, total estimated overhead costs, and estimated use of activities per product:

$\backslash$table$[[$Activity Cost Pool,Cost Driver,Est. Overhead,Cost Driver Activity$],[$Ordering and Receiving,Orders,$$105000,500$ orders$],[$Machine Setup,Setups,$238500,450$ setups$],[$Machining$,$Machine hours,$1565500,125000$ MH$],[$Assembly$,$Parts,$1270000,1000000$ parts$],[$Inspection$,$Inspections,$245000,500$ inspections$]]$

If overhead is applied using activity$-$based costing, the overhead application rate for ordering and receiving is

$$1\mathrm{.}05$ per direct labor hour.

$$0\mathrm{.}11$ per part.

$$210$ per order.

$$6848$ per order.