Question: Crane Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year. Overhead is applied on the basis of


Crane Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year. Overhead is applied on the basis of direct labor hours. (a) Calculate the predetermined overhead rate. (Round answer to 2 decimal places, e. 8. 15.25.) Predetermined overhead rate $ per directlabor hour Carla Vista Company identifies three activities in its manufacturing process: machine setups, machining, and inspections, Estimated annual overhead cost for each activity is $172,080,$370,500, and $99,000, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,390, machine hours 24,700 , and number of inspections 1,650 . Compute the overhead rate for each activity. Machinesetups.$MachiningInspections.persetup$$permachinehourperinspection Ivanhoe, 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 2022 For 2022, the company had 14,000 orders and used 58,400 machine hours, and labor hours totalled 717,800 . What is the total overhead applied? Total overhead applied
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