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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
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 $22,472 55,691 6,351 13,190 31,265 17,587 $146,556 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: Budgeted Volume (Cases) Tortilla chips Potato chips Pretzels 5,700 7,200 4,800 17,700 Processing Hours Per Case 0.12 0.10 0.15 Total
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