mework 3 1 3 Chapter 4 Question 3, S4 3 (similar to) Part 1 of 7 HW Score 0 , 0 of 10 points O Points 0 of 2 Save Aunt Edna Snacks makes potato chips, com chips, and cheese puffs using three different production lines within the same manufacturing plant Currently, Aunt Edna uses a single plantwide overhead rate to allocate its $3 993,750 of annual manufacturing overhead Of this amount, $2,125,500 is associated with the potato chip line, $1,296,250 is associated with the corn chip line, and $572,000 is associated with the cheese puff line Aunt Edna's plant is currently running a total of 17,750 machine hours 10,900 in the potato chip line, 4,250 in the corn chip line, and 2 600 in the cheese puff line Aunt Edna considers machine hours to be the cost driver of manufacturing overhead costs Read the requirements 1 What is Aunt Edna's plantwide overhead rate Determine the formula for calculating the plantwide overhead rate, then calculate the rate Plantwide overhead ralei

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