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Single Plantbwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potat chips, and pretzes. The company has budgeted
Single Plantbwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potat chips, and pretzes. The company has budgeted the following costs for the upcoming per 18,972 47,018 5,362 11,136 26,396 14,848 $123,732 Factory depreciation Indirect labor Factory electricity Indirect materials Selling expenses Administrtive xpenses costs Factory overhead is aiecated to the three produds on the basis of processing hours. The products had the following production budget and processing hours per case: Budgeted Velume Cases) Processing Hours Per Case Tortilla chips Potato chips Pretzels 1,500 4,200 6,900 12,600 0.15 0.10 0.12 Total f recuired, round all pen-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. per processing hour h. 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 prinoiples Total Factory Overhead Per-Case Factory Overhead Tortiig chips Pretzes Total
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