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 $17,934 Indirect labor 44,446 Factory electricity 5,068 Indirect materials 10.528 Selling expenses 24,952 Administrative expenses 14,036 Total costs $116,964 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 3,600 0.10 Potato chips 5,100 0.12 Pretzels 7,200 0.15 Total 15,900 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 57 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 Factory Overhead Factory Overhead Tortilla chips 20,520 X 3,600 X Potato chips 34,884 x 5,100 x Pretzels 61,560 X 7,200 X Total 116,964 X