if overhead is applied using activity based costing the overhead application rate for ordering and recieving is

Attempt in Progress Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly. Inspection Cost Driver Orders. Setups Machine hours Parts Inspections Est. Overhead O $1.40 per direct labor hour. O $0.14 per part. O $280 per order. O $7155 per order, $ 140000 315000 1562500 1240000 320000 Cost Driver Activity 500 orders 450 setups 125000 MH 1000000 parts 500 inspections If overhead is applied using activity-based costing, the overhead application rate for ordering and receiving is