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 Estimated Use of Activity Cost Pools Overhead Cost Drivers per Activity Ordering and receiving $80,886 12,200 orders Food processing 437,760 57,000 machine hours Packaging 1,975,800 445,000 labor hours For 2020, the company had 11,900 orders and used 49,100 machine hours, and labor hours totaled 502,000. (a) Your answer is correct. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, eg. 12.25.) Overhead Rates Ordering and receiving $ Food processing Packaging 6.63 per order 7.68 per machine hour $ 4.44 per labor hour (b) What is the total overhead applied? Total overhead applied