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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
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, Activity Cost Pools Ordering and receiving Food processing Packaging Estimated Overhead $95.990 508.400 1,409,370 Expected Use of Cost Drivers per Activity 14,500 orders 62,000 machine hours 431.000 labor hours Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 1225.) Overhead Rates Ordering and receiving $ 6.62 per order Food processing $ 8.20 per machine hour Packaging $ 3.27 per labor hour e Textbook and Media (b) What is the total overhead applied? Total overhead applied $
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