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		$13,997
Indirect labor		34,689
Factory electricity		3,956
Indirect materials		8,216
Selling expenses		19,475
Administrative expenses		10,954
	Total costs	$91,287

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			2,400			0.12
Potato chips			2,700			0.15
Pretzels			6,300			0.10
	Total		11,400

If required, round all per-case answers to the nearest cent.

a. Determine the single plantwide factory overhead rate? $fill in the blank 1 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	$fill in the blank 2	$fill in the blank 3
Potato chips	fill in the blank 4	fill in the blank 5
Pretzels	fill in the blank 6	fill in the blank 7
Total	$fill in the blank 8