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

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Accounting

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

Estimated Overhead

Estimated Use of Cost Drivers per Activity
Ordering and receiving $111,706 15,800 orders
Food processing 465,690 57,000 machine hours
Packaging 1,485,800 437,000 labor hours

For 2020, the company had 10,900 orders and used 49,600 machine hours, and labor hours totaled 506,000

Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 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

$

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