View Policies Current Attempt in Progress Crane Machining makes three products. The company's annual budget includes $922,000 of overhead. In the past, the company allocated overhead based on expected capacity of 46,100 direct labor hours. The company recently implemented an activity-based costing system and has determined that overhead costs can be broken into four overhead pools: order processing, setups, milling, and shipping. The following is a summary of company information: Order processing Setups Milling Shipping Expected Cost $ 160,000 152.000 360,000 250,000 $ 922.000 Expected Activities 10,000 orders 4,000 Setups 20,000 machine hours 25,000 shipments (a) Calculate the company's traditional overhead rate based on direct labor hours. Overhead rate $ /DLH (b) Calculate the company's overhead rates for each of the activity based costing pools. (Round answers to 2 decimal places, se 15.25) Order processing $ per order $ Setups per setup $ Milling per machine hour Setups Milling Shipping 152,000 360,000 250,000 $ 922,000 4,000 Setups 20,000 machine hours 25,000 shipments (a) Calculate the company's traditional overhead rate based on direct labor hours. $ /DLH Overhead rate (b) Calculate the company's overhead rates for each of the activity-based costing pools. (Round answers to 2 decimal places, eg. 15.25) Order processing $ per order $ Setups per setup $ Milling per machine hour $ Shipping per shipment e Textbook and Media