Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year. Activity Cost Pool Cost Driver Ordering and Receiving Machine Setup Machining Assembly Inspection If overhead is applied using activity-based costing, the overhead application rate for Machine Setup is Est. Overhead $140,000 306,000 1,625,000 1,250,000 250,000 Cost Driver Activity 500 orders 450 setups 125,000 MH 1,000,000 parts 500 inspections Orders Setups Machine hours Parts Inspections $0.00357 per part. $240 per order. $800 per set up. $7,935.55 per set up. $35.71 per direct labor hour. Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year. Activity Cost Pool Cost Driver Ordering and Receiving Machine Setup Machining Assembly Inspection If overhead is applied using activity-based costing, the overhead application rate for Machine Setup is Est. Overhead $140,000 306,000 1,625,000 1,250,000 250,000 Cost Driver Activity 500 orders 450 setups 125,000 MH 1,000,000 parts 500 inspections Orders Setups Machine hours Parts Inspections $0.00357 per part. $240 per order. $800 per set up. $7,935.55 per set up. $35.71 per direct labor hour