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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 Overhead $117.750 425,150 1,944,560 Estimated Use of Cost Drivers per Activity 15.700 orders 55,000 machine hours 436,000 labor hours For 2020, the company had 11.300 orders and used 49,700 machine hours, and labor hours totaled 491.000 (a) Calculate the overhead rates for each activity. (Round answers to 2 decimal places, es 12.25) Overhead Rates Ordering and receiving $ per order Food processing $ per machine hour Packaging per labor hour

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