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1:22 I 1 3: N? at. ..|I| E . O 6 Single P...ad Rate - Read-only [3 3 Read Only - You can't save changes to this le. v 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 $18,182 Indirect labor 45.058 Factory electricity 5.138 Indirect materials 10.672 Selling expenses 25.296 Administrative expenses 14,229 Total costs $118,575 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 2,100 0.15 Potato chips 8,900 0.10 Pretzels 4,800 0.12 Total 13,800 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. $ll in the blank 1 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 $ll in the blank 2 $ll in the blank 3 chips I I potato ll in the blank 4 ll in the blank 5 chips I I ll in the blank 6 ll in the blank 7 Pretzels $|| in the blank 8 Total .ll AMI