Sheridan, 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 Overhead $77,958 495,360 1,508,220 Estimated Use of Cost Drivers per Activity 12,200 orders 64,000 machine hours 441,000 labor hours For 2020, the company had 11,800 orders and used 50,400 machine hours, and labor hours totaled 503,000. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, eg, 12.25.) Overhead Rates per order Ordering and receiving $ Food processing $ per machine hour Packaging $ per labor hour What is the total overhead applied? Total overhead applied $ e Textbook and Media