K Aund Ethal Snacks makes pola chips, com chips, and cheese puffs uing the different production with the same mandat pet Cum overhead rate to allocate s $3.706,400 of annual manufacturing overhead Of this amount $140.000 is associated with the potato chip ine. $1.106.400 $760,000 is associated with the cheese puffine Aunt Ether's plant tumenty nuring a total of 17,600 machine hours 18,000 w cheese puff ine Aunt Ethel considers machine hours to be the cost driver of manufac Read the requirements Art Essinge associated with the pan chip, and 1. What is Aur Ethafs plantwide overhead rate? Determine the formula for calculating the plantalde atten Requirements 1. What is Aunt Ethel's plantwide overhead rate? 2. Calculate the departmental overhead rates for Aunt Ethel's three production lines. Round all answers to the nearest cent. 3. Which products have been overcosted by the plantwide rate? Which products have been undercosted by the plantwide rate? Print Done Aunt Ethel Snacks makes potato chips, corn chips, and cheese puffs using three different production lines within the same manufacturing plant. Currently, Aunt Ethel uses a single plantwide overhead rate to allocate its $3,766,400 of annual manufacturing overhead. Of this amount, $1,840,000 is associated with the potato chip line, $1,166,400 is associated with the corn chip line, and $760,000 is associated with the cheese puff line. Aunt Ethel's plant is currently running a total of 17,600 machine hours: 10,000 in the potato chip line, 3,600 in the corn chip line, and 4,000 in the cheese puff line. Aunt Ethel considers machine hours to be the cost driver of manufacturing overhead costs. Read the requirements. 1. What is Aunt Ethel's plantwide overhead rate? Determine the formula for calculating the plantwide overhead rate, then calculate the rate. Plantwide overhead rate running a total of 17,600 machine nours: 10,000 in the potato chip line, 3,600 in the c Requirements 1. What is Aunt Ethel's plantwide overhead rate? 2. Calculate the departmental overhead rates for Aunt Ethel's three production lines. Round all answers to the nearest cent. 3. Which products have been overcosted by the plantwide rate? Which products have been undercosted by the plantwide rate? Print Done - X