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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 for

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

Estimated Overhead

Expected Use of Cost Drivers per Activity

Ordering and receiving $ 95,942 15,400 orders
Food processing 525,625 62,500 machine hours
Packaging 1,886,080 448,000 labor hours

For 2017, the company had 10,800 orders and used 49,700 machine hours, and labor hours totaled 510,000.

Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.)

Overhead Rates

Ordering and receiving

$ enter a dollar amount rounded to 2 decimal places

per order
Food processing

$ enter a dollar amount rounded to 2 decimal places

per machine hour
Packaging

$ enter a dollar amount rounded to 2 decimal places

per labor hour

What is the total overhead applied?

Total overhead applied

$ enter the total overhead applied in dollars

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