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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 2020. Estimated Use of Estimated Activity Cost Pools Overhead Cost Drivers per Activity Ordering and receiving $93.125 12.500 orders 515,370 61.500 machine hours 1.649.200 434,000 labor hours Food processing Packaging For 2020, the company had 10.300 orders and used 50,400 machine hours, and labor hours totaled 498,000. (a) Your answer is correct Calculate the overhead rates for each activity (Round answers to 2 decimal places, eg 12.25) Ordering and receiving Food processing Packaging (b) eTextbook and Media Overhead Rates 7.45 per order 8.38 per machine hour $ 38 per labor hour What is the total overhead applied? Total overhead applied $ ND 80 54 FA % 85 66 MacBook Air &7 4 + 8 Attempts: 1 of 3 used CHI ( 9 8:
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