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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 $11,668 Indirect labor 28,916 3,297 Factory electricity Indirect materials Selling expenses 6,849 16,234 Administrative expenses 9.131 Total costs $76,095 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 Processing Hours (Cases) Per Case Tortilla chips 2,100 0.10 Potato chips 6,300 0.15 Pretzels 1,500 0.12 Total 9,900 If required, round all per case answers to the nearest cent a. Determine the sigle plantwide factory overhead rate. 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 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 accounting principles. Total Per-Case Factory Overhead Factory Overhead Tortilla chips 1 UL 11 Potato chips UUUU WOU 11 Pretzels Total

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