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 Indirect labor Factory electricity Indirect materials Selling expenses $15,633 38,742 4,418 9,175 21,750 12,234 Administrative expenses Total costs $101,952 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 Budgeted Volume (Cases) 3,000 4,500 Tortilla chips 0.10 Potato chips 0.12 0.15 Pretzels 3,600 Total 11.400 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 per processing hour b. Use the factory overhead rate in (a) to determine the amount of total and percase 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