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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 $93.125 515 370 1,649,200 Estimated Use of Cost Drivers per Activity 12.500 orders 61.500 machine hours 434,000 labor hours For 2020, the company had 10,300 orders and used 50.400 machine hours, and labor hours totaled 498,000. Part 1 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 Save for Later Attempts: 0 of 1 used Submit Answer Part 2 What is the total overhead applied? Total overhead applied $
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