The Controller for Alabama Cooking Oil Co Required:
(1) What Is the Overhead Rate Per Machine Hour

Essay

The controller for Alabama Cooking Oil Co.established the following overhead cost pools and cost drivers: An order of 800 barrels of cooking oil used: $$\begin{array} { | l | r | } \hline \text { \# of setups } & 14 \\\hline \text { \# of barrels } & 800 \\\hline \text { \# of inspections } & 22 \\\hline \text { \# of machine hours } & 1,100 \\\hline\end{array}$$ Required:
(1) What is the overhead rate per machine hour if the number of machine hours is used as a single cost driver under traditional costing system? (Round your intermediate calculation to the nearest cent and final answer to the nearest whole dollar.)
(2) Using volume-based costing, how much overhead is assigned to the order based on machine hours as a single cost driver?
(3) Using ABC costing, how much total overhead is assigned to the order?