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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

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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 period: Factory depreciation $24,332 Indirect labor 60,301 Factory electricity 6,8?6 Indirect materials 14,283 Selling expenses 33,853 Administrative expenses 19,043 Total costs $158,688 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 5,700 0.12 Potato chips 4,200 0.10 Pretzels 4,800 0.15 Total 14,700 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. '5: per processing hour b. Use the overhead rate in (a) to determine the amount of total and per-case overhead allocated to each ofthe three products under generally accepted accounting principles. Total Per-Case Factory Overhead Factory Overhead Tortilla chips it: 1i: Potato chips : :i Q Total

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