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1111 Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has

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1111 Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation Indirect labor $10,696 26,508 Factory electricity 3,023 Indirect materials 6,279 Selling expenses 14,882 Administrative expenses 8,371 Total costs $69,759 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Volume Processing Hours (Cases) Per Case Tortilla 2,700 0.15 chips Potato 3,300 0.12 chips Pretzels Total 2,100 8,100 0.10 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. per processing hour b. Use the overhead rate in (a) to determine the amount of total and per-case overhead allocated to each of the three products under generally accepted accounting principles. Per-Case Total Factory Factory Overhead. Overhead Tortilla chips Potato chips Pretzels 0.0 Total

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