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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

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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 upcomin Factory depreciation $15,318 Indirect labor 37,962 Factory electricity 4,329 Indirect materials 8,991 Selling expenses 21,312 Administrative expenses 11,988 Total costs $99,900 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 5,100 0.12 Potato chips 3,600 0.15 Pretzels 1,800 0.10 Total 10,500 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 50 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 princ Total Per-Case Factory Overhead Factory Overhead Tortilla chips 6 Potato chips 7.5 Pretzels Total Check My Work

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