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 Total costs $21,219 52,586 5,997 12,454 29,522 16,606 $138,384 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 5,700 0.10 Potato chips 4,200 0.15 Pretzels 2,400 0.12 Total 12,300 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. $ 92,256 X 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 Per-Case Tortilla chips Potato chips Pretzels Total Check My Work Factory Overhead Factory Overhead Previous Next All work saved. Save and Exit Submit Assignment for Grading