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: $7,604 Factory depreciation Indirect labor 18,844 2,149 Factory electricity Indirect materials 4,463 Selling expenses 10,579 Administrative expenses 5,951 $49,590 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) 4,500 Processing Hours Per Case Tortilla chips 0.12 Potato chips 1,200 0.15 Pretzels 1,300 0.10 Total 7,200 If required, round all per-case answers to the nearest cent. Determine the einnlo plantwide factory and rate 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 4,500 0.12 Potato chips 1,200 0.15 0.10 Pretzels 1,500 Total 7,200 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 Accounting numeric field Total