Single Plantwide Factory Overhead Rate Salty Sensations Snacks Company manufactures three types of snack foods: tortiia chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: $13,524 33,516 Factory depreciation Indirect labor Factory electricity Indirect materials Selling expenses Administrative expenses 7,938 18,816 10,584 88,200 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) Processing Hours Per Case 0,15 0.12 0.10 1,200 Tortila chips Potato chips Pretzels 5,700 Total 12,900 If required, round all per-case arswers 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 verhed allocated to each of the three products urder generaly accepted ccounting principles Check My Work PreviousNext