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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

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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 $22,193 Indirect labor 55,000 Factory electricity 6,272 Indirect materials 13,027 Selling expenses 30,877 Administrative expenses 17,369 Total costs $144,738 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: Processing Hours Per Case Tortilla chips 0.15 Budgeted Volume (Cases) 5,100 6,000 6,900 18,000 0.10 Potato chips Pretzels 0.12 Total If required, round all per case answers to the nearest cent. If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 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 Factory Overhead Per-Case Factory Overhead Tortilla chips Potato chips Pretzels Total

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