Question
Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the
Salty Sensations Snacks Company 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 $31,875.00
- Indirect labor 79,688.00
- Factory electricity 7,969.00
- Indirect materials 35,788.00
- Selling expenses 24,800.00
- Administrative expenses 19,100.00
- Total costs $199,220.00
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:
Budget Volume(Cases) Processing hours per case
Tortilla chips 4100 0.24
Potato Chips 4800 0.20
Pretzels 2200 0.40
Total 11,100
Determine the single plant wide factory overhead rate. If required, round your answer to the nearest cent.
_________________?????per processing hour
Use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. If required, round your answer to the nearest cent.
Amount Description Total factory overhead per case overhead
- ????? ???? ?????
- ???? ???? ??????
- ???? ???? ?????
- ??? ??? ????
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