e.com/courses/68067/assignments/1005638 iew Policies Current Attempt in Progress Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. Activity Cost Pool Cost Driver Cost Driver Activity Est. Overhead $ 140000 Orders 500 orders Ordering and Receiving Machine Setup Machining Assembly Inspection Setups Machine hours Parts 450 setups 125000 MH 315000 1562500 1240000 320000 500 inspections If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is $15.63. $10.11. $12.40. $35.78