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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

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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 the year 2020. Activity Cost Pools Ordering and receiving Food processing Packaging Estimated Estimated Use of Overhead Cost Drivers per Activity $77,958 12.200 orders 495,360 64.000 machine hours 1,508,220 441,000 tabor 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 Ordering and receiving $ per order Food processing $ $ per machine hour Packaging $ per labor hour What is the total overhead applied? Total overhead applied $

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