View Policies Current Attempt in Progress 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 $94,720 492,000 1,695,450 Estimated Use of Cost Drivers per Activity 12.800 orders 60,000 machine hours 445,000 labor hours For 2020, the company had 11,800 orders and used 51,100 machine hours, and labor hours totaled 497,000. 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 $ Save for Later Attempts: 0 of 1 used Submit