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 Factory electricity Indirect materials Selling expenses $16,077 39,843 4,544 9,436 22,368 Administrative expenses Total costs 12,582 $104,850 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 2,400 0.12 Potato chips 3,600 0.15 Pretzels 5,700 0.10 Total 11,700 If required, round all per-case 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. Administrative expenses Total costs 12,582 $104,850 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 2,400 0.12 Potato chips 3,600 0.15 Pretzels Total 5,700 11,700 0.10 If required, round all per-case 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. Tortilla chips Potato chips Pretzels Total Total Per-Case Factory Overhead Factory Overhead