Business, 20.10.2021 09:50, spdesch2558

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 $89,886 14,200 orders Food processing 474,925 60,500 machine hours Packaging 1,574,540 421,000 labor hours For 2020, the company had 11,400 orders and used 50,300 machine hours, and labor hours totaled 506,000. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e. g. 12.25.)

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