JS Wevoandt, Managerial Accounting, se Help Question 3 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. Activity Cost Pools Ordering and receiving Food processing Packaging Estimated Estimated Use of Overhead Cost Drivers per Activity $93,125 12,500 orders 515,370 61,500 machine hours 1,649,200 434,000 labor hours For 2020, the company had 10,300 orders and used 50,400 machine hours, and labor hours totaled 490,000 (a) 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 By accessing this question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor The arts of this question must be completed in order. This part will be available when you complete the part above