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Question 4 Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided

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Question 4 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 2017. Cast Drivers per Activity Activity Cost Pools Ordering and receiving Food processing Packaging Overhead 12,000 orders 55,000 machine hours $73,800 420,750 1,365,000 420,000 labor hours For 2017, the company had 10,000 orders and used 48,000 machine hours, and labor hours totaled 490,000. (a) o 2 decimal places, e.g. 12.25.) Calculate the overhead rates for each activity. (Round answers Overhead Rates Ordering and receiving S per order Food processing per machine hour Packaging per labor hour

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