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Noodles Company, a manufacturer of gourmet pasta noodles, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for

Noodles Company, a manufacturer of gourmet pasta noodles, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2020.

Compute activity-based overhead rates.

Activity Cost Pools Estimated Overhead Estimated use of cost drivers per activity
ordering and receiving $84,000 12,000 orders
food processing 480,000 60,000 machine hours
packaging 1,760,000 440,000 labor hours

For 2020, the company had 11,000 orders and used 50,000 machine hours, and labor hours totaled 500,000

What is the total overhead applied?

Please clearly explain each step and how you got the numbers and please label everything.

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