Current Attempt in Progress Lily 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: Activity Cost Pool Cost Driver Est. Overhead Cost Driver Activity Ordering and Receiving Orders $ 80000 500 orders Machine Setup Setups 242500 450 setups Machining Machine hours 1637500 125000 MH Assembly Parts 1090000 1000000 parts Inspection Inspections 305000 500 inspections If overhead is applied using activity-based costing, the overhead application rate for ordering and receiving is $0.80 per direct labor hour. O $160 per order. $6710 per order. O $0.08 per part.