Question 49 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. Estimated Overhead Estimated Use of Cost Drivers per Activity Activity Cost Pools Ordering and receiving Food processing Packaging $117,600 530,625 1.701,120 16,000 orders 62,500 machine hours 443,000 labor hours For 2020, the company had 11,600 orders and used 50,900 machine hours, and labor hours totaled 490,000 Calculate the overhead rates for each activity. (Round ansvers to 2 decimal places, e.g. 12.25.) Overhead Rates Ordering and receiving Food processing Packaging What is the total overhead applied? Total overhead applied per order per machine hour per labor hour