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

 

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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. Activity Cost Pools Ordering and receiving Food processing Packaging - Estimated Use of Cost Drivers per Activity $94,582 13,100 orders 479,085 61,500 machine hours. 1.395,280 428,000 labor hours Estimated Overhead For 2020, the company had 11.300 orders and used 51,200 machine hours, and labor hours totaled 491,000. Your answer is correct. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Ordering and receiving Food processing Packaging $ (b) $ eTextbook and Medial What is the total overhead applied? Total overhead applied Overhead Rates 7.22 7,79 3.26 per order per machine hour per labor hour Attempts: 1 of 5 used 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 Use of Cost Drivers per Activity $94,582 13,100 orders 479,085 61,500 machine hours. 1.395,280 428,000 labor hours Estimated Overhead For 2020, the company had 11.300 orders and used 51,200 machine hours, and labor hours totaled 491,000. Your answer is correct. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Ordering and receiving Food processing Packaging $ (b) $ eTextbook and Medial What is the total overhead applied? Total overhead applied Overhead Rates 7.22 7,79 3.26 per order per machine hour per labor hour Attempts: 1 of 5 used

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QUESTION 1 SPUD INC Calculation of overhead rate for each activity Overhead Cost Pool Cost Driver Co... View the full answer