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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 2020 Estimated Overhead Estimated Use of Cost Drivers per Activity $73,800 12,000 orders Activity Cost Pools Ordering and receiving Food processing Packaging 420.750 55,000 machine hours 420.000 tabor hours 1.365,000 For 2020, the company had 10,000 orders and used 48.000 machine hours, and tabor hours totaled 490.000 (a) 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
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