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Lisa, Inc., a manufacturer of gourmet snacks, employs activity-based costing. The budgeted data for each...

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Accounting

Lisa, Inc., a manufacturer of gourmet snacks, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2022.
\table[[Activity Cost Pools,,\table[[Estimated],[Overhead]],,\table[[Estimated Use of],[Cost Drivers per Activity]]],[Ordering and receiving,,$117,750,,15,700 orders],[Food processing,423,500,,55,000, machine hours,],[Packaging,1,853,000,,43,600, labor hours,]]
For 2022, the company had 11,300 orders for its gourmet snacks and used 49,700 machine hours; labor hours totaled 26,500.
(a)
Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.8.12.25.)
\table[[,,Overhead Rates],[Ordering and receiving,$,per order],[Food processing,$,per machine hour],[Packaging,$,per labor hour]]
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