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eBook Factory depreciation $13,852 Indirect labor 34,330 Factory electricity 3,915 Indirect materials 8,131 Selling expenses 19,273 Administrative expenses 10,841 Total costs $90,342 Factory overhead is
eBook Factory depreciation $13,852 Indirect labor 34,330 Factory electricity 3,915 Indirect materials 8,131 Selling expenses 19,273 Administrative expenses 10,841 Total costs $90,342 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 7,200 0.12 Potato chips 1,800 0.15 Pretzels 3,000 0.10 Total 12,000 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 Previous Indirect materials 8,131 Selling expenses 19,273 Administrative expenses 10,841 Total costs $90,342 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following prod Budgeted Volume (Cases) Processing Hours Per Case 7,200 0.12 Tortilla chips Potato chips 1,800 0.15 Pretzels 3,000 0.10 Total 12,000 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 pro Total Factory Overhead Per-Case Factory Overhead Tortilla chips Potato chips Pretzels Total Check My Work
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