3/18/22, 11:44 AM CengageNOWW2 Online teaching and learning resource from Cengage Learning 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 s10,858 26,909 Indirect labor Factory electricity 3,069 Indirect materials 6,372 Selling expenses 15,107 Administrative expenses 3,497 Total costs S70,812 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 (Cases) Processing Hours Per Case Tortilla chips 3,900 0.12 Potato chips 1,500 0.10 Pretzels 1,500 0.15 Total 6,900 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. Total Factory Overhead Per-Case Factory Overhead Tortilla chips Potato chips Pretzels Total https:/N2.cengagenow.com/in/akeAssignmentAakeAssignment Main.do?invoker=&takeAssignmentSession Locator=&inprogress=false 1/1