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 $13,449 Indirect labor 33,331 Factory electricity 3,801 Indirect materials 7,895 18,712 Selling expenses Administrative expenses 10,526 Total costs $87,714 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) Processing Hours Per Case Tortilla chips 2,100 0.15 Potato chips 7,200 0.12 Pretzels 1,500 0.10 Total 10,800 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 44 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