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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 Estimated Overhead Estimated Use of Cost Drivers per Activity $95.956 14,900 orders Activity Cost Pools Ordering and receiving Food processing Packaging 480,700 57.500 machine hours 442,000 labor hours 1.608,880 For 2020, the company had 10,000 orders and used 50,100 machine hours, and labor hours totaled 506,000, (a) Your answer is correct Calculate the overhead rates for each activity. (Round answers to 2 decimal places es. 12.25.) Overhead Rates Ordering and receiving $ 6.44 per order Food processing 8.36 per machine hour Packaging 3.64 per labor hour eTextbook and Media Assistance Used Attempts: 2 of 3 used (b) What is the total overhead applied? Total overhead applied $

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