Set: Module 3 eBook Single Plantwide Factory Overhead Rate 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 Administrative expenses Total costs $18,547 45,965 5,242 10,886 25,805 14,515 $120,960 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 6,300 0.12 Potato chips 1,800 0.10 Pretzels 7,200 0.15 Total 15,300 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. X per processing hour Check My Work Next Problem Set: Module 3 Semmy expenses Administrative expenses Total costs eBook 25,005 14,515 $120,960 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 6,300 0.12 Potato chips 1,800 0.10 Pretzels Total 7,200 15,300 0.15 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. X 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 Check My Work Total Per-Case Factory Overhead Factory Overhead x X x Next