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Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for...

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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 the year 2020. Estimated Overhead $95,956 Activity Cost Pools Ordering and receiving Food processing Packaging Estimated Use of Cost Drivers per Activity 14,900 orders 57,500 machine hours 442,000 labor hours 480,700 1,608,880 For 2020, the company had 10,900 orders and used 50,100 machine hours, and labor hours totaled 506,000. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, es, 12.25.) Overhead Rates Ordering and receiving $ per order Food processing $ per machine hour Packaging $ per labor hour What is the total overhead applied? Total overhead applied $ e Textbook and Media

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