J L WebAdvisor p restalse Calendar - Smoke... M eBook Calculator 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 $ 33,120 82,800 8,280 Factory electricity 31,800 Indirect materials Selling expenses Administrative expenses 22.000 29,000 $207,000 Total costs Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours perce Processing Hours Per Case Tortilla chips 0.25 Potato chips Budgeted Volume (Cases) 3,000 6,000 3.500 12,500 0.10 Pretzels 030 Total If required, round all per unit answers to the nearest cent. a. Determine the single plantwide factory overhead rate. Check My Work eBock Calculator 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 Processing Hours Volume (Cases) Per Case Tortilla chips 3,000 0.25 Potato chips 6,000 0.10 Pretzels 3,500 0.30 Total 12,500 If required, round all per unit 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 Potato chips Pretzels Total Chuck My Work