Smith Machining makes three products. The company’s annual budget includes $1,048,000 of overhead. In the past, the company allocated overhead based on expected capacity of 40,000 direct labor hours. The company recently implemented an activity-based costing system and has determined that overhead costs can be broken into four overhead pools: order processing, setups, milling, and shipping. The following is a summary of company information: Expected Cost Expected Activities Order processing $ 226,800 14,000 orders Setups 157,850 4,100 setups Milling 395,850 20,300 machine hours Shipping 267,500 25,000 shipments $ 1,048,000 (a) Calculate the company’s overhead rate based on direct labor hours. (Round answer to 2 decimal places, e. g. 15.25.) Overhead rate $ / DLH (b) Calculate the company’s overhead rates using the activity-based costing pools. (Round answers to 2 decimal places, e. g. 15.25.) Order processing $ per order Setups $ per setup Milling $ per machine hour Shipping $ per shipment