Question: Question 2 of 9 < > -/10 E Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each

Question 2 of 9 < > -/10 E Spud, Inc. a manufacturer

Question 2 of 9 < > -/10 E 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 $82,812 13,400 orders Food processing 424,050 55,000 machine hours Packaging 1,717,840 436,000 labor hours For 2020, the company had 11,100 orders and used 48,400 machine hours, and labor hours totaled 500,000. (a) 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

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