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> Chem 1152 Bock CHEM 1152 HW CIS 2010 book Calculator Single Pantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods:

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> Chem 1152 Bock CHEM 1152 HW CIS 2010 book Calculator Single Pantwide 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 forth upcoming period Factory depreciation $19,530 Indirect labor 48,400 Factory electricity 5,519 Indirect materials 11,463 Selling expenses 27.172 Administrative expenses 15,284 Total costs $127,368 Factory overhead is located 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 chios 4,200 0.12 Potato chios 5.100 0.10 Pretzels 3,000 0.15 Total 12,300 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate 89 X per processing hour b. Use the overhead rate in (a) to determine the amount of total and percase overhead stocated to each of the three products under generally accepted accounting principles Check My Work Previous Next Sub Agen for Grading MacBook Air * 846 $ 4 % 5 & 7 . 6 8 9 0 E R. T Y Y O in e F G H . Tv V B N M Book Pin Calculator 3,000 Pretres 0.15 Total 12,300 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 89 x 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 Per-Case Factory Overhead Factory Overhead Tortilla chies posto chips 44,370 x Prezes 39,150 x Total First Bugeted production value for each product Processing hours Add together to obtain total procesing hours Recalactory overhead does not include sting and depene video of overcoss by to processing hours to ever Overna Processing hours for each product Overhead for each covered amounts on the device overed used production volume orech product to obtain overed perunt Previous Next > Sunt for Grading MacBook Air + s 4 5 & 7 8 9 0 E R T Y U o P D F H L

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