eBook 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 Factory electricity Indirect materials Selling expenses Administrative expenses Total costs $29,852 73,981 8,436) 17,523 41,533 23,363 $194,688 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 chips 5,900 0.12 Potato chips 4,800 0.10 Pretzels 4,800 0.15 Total 16,500 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate.