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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 $23,909 Indirect labor 59,251 Factory electricity Indirect materials Selling expenses Administrative expenses 6,757 14,033 33,264 18,711 Total costs $155,925 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) 7,200 Processing Hours Per Case Tortilla chips 0.12 4,500 Potato chips Pretzels 0.10 0.15 5,100 Total 16,800 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. $ 18,879 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 Potato chips Pretzels Total

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