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Business, 07.03.2020 05:26 kkmonsterhigh18

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

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