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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

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:Line Item DescriptionAmountFactory depreciation$ 33,120Indirect labor82,800Factory electricity8,280Indirect materials31,800Selling expenses22,000Administrative expenses29,000 Total costs$207,000Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case:Types of SnacksBudgeted Volume(Cases)Processing Hoursper CaseTortilla chips3,0000.25Potato chips6,0000.10Pretzels3,5000.30 Total12,500 If required, round all per unit answers to the nearest cent.a. Determine the single plantwide factory overhead rate.fill in the blank 1 of 1$ per processing hourb. 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.Types of SnacksTotalFactory OverheadPer UnitFactory Overhead CaseTortilla chipsfill in the blank 1 of 7$fill in the blank 2 of 7$Potato chips fill in the blank 3 of 7 fill in the blank 4 of 7Pretzels fill in the blank 5 of 7 fill in the blank 6 of 7

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