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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. Activity Cost Pools Ordering and receiving Food processing Packaging Estimated Overhead $95,953 497,150 1,680,210 Estimated Use of Cost Drivers per Activity 14.300 orders 61,000 machine hours 441,000 labor hours For 2020, the company had 10,100 orders and used 50,600 machine hours, and labor hours totaled 494,000. (a) Your answer is correct. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Ordering and receiving $ 6.71 per order Food processing $ 8.15 per machine hour Packaging 3.81 per labor hour e Textbook and Media Attempts: 1 of 3 used (b) Your answer is incorrect. What is the total overhead applied? Total overhead applied $
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