Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company 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 $22,406 55,527 6,332 13,151 31,173 17,535 $146,124 Total costs 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 Processing Hours Per Case 0.12 0.10 0.15 Budgeted Volume (Cases) Tortilla chips Potato chips Pretzels 4,800 4,500 3,000 12,300 Total 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 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 principles. Total Factory Overhead Per-Case Factory Overhead Tortilla chips Potato chips Pretzels Total