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i Chrome File Edit View History Bookmarks People Window Help G L 100% , Sat 1:59 PM Mitch Faylor E ZergNet-Discover Interesting × ° Travel the Astral Planes-AST xy [y] WileyPLUS xC Accounting question | Chegg.xC Chegg Study | Guided Solutior x C secure https://edugen.wileyplus.com/edugen/student/mainfr.uni : Apps custom writing Ser. O Omni VR Treadmill G CodeCombat-Lear. The 7% Body Fat D. Illusions Continuous @ Old School Runese. HubSpot inbound. E companies Needing. Brief Exercise 18-7 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 2017. Estimated Overhead Expected Use of Cost Drivers per Activity Activity Cost Pools Ordering and receiving Food processing Packaging $91,476 535,680 1,514,040 12,600 orders 64,000 machine hours 444,000 labor hours For 2017, the company had 11,400 orders and used 50,900 machine hours, and labor hours totaled 510,000 Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Ordering and receiving Food processing Packaging per order per machine hour per labor hour LINK TO TEXT What is the total overhead applied? Total overhead applied LINK TO TEXT PM

Explanation / Answer

Calculate overhead rate :

Overhead applied = (11400*7.26+50900*8.37+510000*3.41) = 2247897

Overhead rate Ordering and receiving (91476/12600) = 7.26 per order Food processing (535680/64000) = 8.37 per machine hour Packaging (1514040/444000) = 3.41 per labour hour

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