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Factory depreciation $12,089 Indirect labor 29,959 Factory electricity 3,416 Indirect materials 7,096 Selling expenses 16,819 Administrative expenses 9,461 Total costs $78,840 Factory overhead is allocated
Factory depreciation $12,089 Indirect labor 29,959 Factory electricity 3,416 Indirect materials 7,096 Selling expenses 16,819 Administrative expenses 9,461 Total costs $78,840 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 3,900 0.10 Potato chips 1,800 0.15 Pretzels 1,800 0.12 Total 7,500 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 percase overhead allocated to each of the three products under generally accepted accounting principles Total Per-Case Factory Overhead Factory Overhead Tortilla chips Potato chips Pretzels
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