Multiple Choice Question 48 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 Est. Overhead Cost Driver Activity Ordering and Receiving Orders $ 155000 500 orders Machine Setup Setups 328500 450 setups Machining Machine hours 1600000 125000 MH Assembly Parts 1270000 1000000 parts Inspection Inspections 335000 500 inspections If overhead is applied using activity-based costing, the overhead application rate for ordering and receiving is $310 per order. O $1.55 per direct labor hour. $0.16 per part O $7377 per order