Please make sure to include cell references + formula in answer below. Thanks!

Function: SUM; Formula: Multiply, Divide; Cell Referencing Using Excel to Compute Overhead Applied for Activity-Based Costing PROBLEM Spud, Inc. a manufacturer of gourmet snacks, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2022. Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area or work area as indicated. Use the SUM function with cell references to calculate the total. What is the total overhead applied? Activity Cost Pools Ordering and receiving Food processing Packaging Estimated Overhead $ 84,000 480,000 1,760,000 Estimated Use of Cost Drivers Per Activity 12,000 orders 60,000 machine hours 40.000 labor hours Activity Cost Pools Ordering and receiving Overhead Rates per Overhead Applied The following activities occurred during 2022. Food processing per Packaging per Number of orders Number of machine hours Number of labor hours 7,000 40,000 25,000 Total applied