eBook Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortila chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period Factory depreciation Indirect labor Factory electricity Indirect materials Selling expenses Administrative expenses Total costs $15,500 38,413 4,350 9,099 21,565 12.131 $101,000 Factory overhead is allocated to the three products on the basis of processing hours. The products had the fallowing production budget and processing hours per case Budgeted Volume Tortilla chipe Potato chips Pretzels Total (Cases) 2,700 5,400 3,600 11,700 Processing Hours Per Case 0.12 0.10 0.15 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 Check My Wor Total Per-Case Next CO dule Three ACC-202-R3865 Managerial Accounting 223 CangigeNOWv2 | Online teaching and learning resource from Cengage Learning eve Journal x1). On Semba Bodule 3 ebook Factory electricity 30 Indirect materials Selling expenses Administrative expenses Total costs 4,380 9,099 21.565 12.131 $101,088 Factory overhead is allocated to the three products on the basis of processing hours. The products nad the following production budget and processing hours per case: Processing Hours: Budgeted Volume Torch Potato chips Pretzels Total (Cases) Per Case 2,700 0.12 5,400 0.10 3,600 0.15 11,700 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rete per processing hour b. Use the overhead rate in (a) to determine the amount of total and percase overhead allocated to each of the three products under generally accepted accounting Principles Torta chips Total Factory Overhead Per-Case Factory Overhead Potato chips Pretr Total 101,088 X Check My Work 15 CO Next>