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 $12,524 Indirect labor 31,036 Factory electricity 3,539 Indirect materials 7,351 Selling expenses 17,424 Administrative expenses 9,801 Total costs $81,675 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 cose! Processing Hours Per Case Tortilla chips 0.10 Budgeted Volume (Cases) 1,800 1,500 5,700 9,000 Potato chips 0.15 Pretzels 0.12 Total If required, round all per case answers to the nearest cent in 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 1,800 0.10 Potato chips 1,500 0.15 Pretzels 5,700 0.12 Total 9,000 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 Per-Case Factory Overhead Factory Overhead Tortilla chips Potato chips Pretzels Total Check My Work Next > Email Instructor Save and Est Submit Assignment for Grading