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Factory depreciation $27,506 1. EX.04.07.ALGO Indirect labor 68,167 2. EX.04.05.ALGO Factory electricity 7,773 Indirect materials 16,146 Selling expenses 38,269 4. EX.04.03.ALGO Administrative expenses 21,527 5.
Factory depreciation $27,506 1. EX.04.07.ALGO Indirect labor 68,167 2. EX.04.05.ALGO Factory electricity 7,773 Indirect materials 16,146 Selling expenses 38,269 4. EX.04.03.ALGO Administrative expenses 21,527 5. TMM.O4.06 Total ms\" $179'388 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 5,400 0.15 Pretzels 3,900 0.10 Total 14,400 If required, round all perease 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 Per-Case Factory Overhead Factory overhead Tortilla chips G $[: Potato chips Indirect materials 16,146 1- EX-04-07-ALGO Selling expenses 38,269 ' ' ' 21 527 2. EX.04.05.ALGO Administrative expenses 1 Total costs $179,388 3. EX.04.06 . . . . . , Factory overhead is allocated to the three products on the basis of processing hours. The products had the followmg production budget and processing hours per case: 4_ EX.04.03.ALGO Budgeted Volume Processlng Hours (Cases) Per Case 5' TMM'04106 Tortilla chips 5,100 0.12 Potato chips 5,400 0.15 Pretzels 3,900 0.10 Total 14,400 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 3:] per processing hour h. 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 Per-Case Factory Overhead Factory Overhead Tortilla chips $:] $:] Potato chips S S Pretzels [: C] Total G
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