Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla potato chips, and pretzels. The company has budgeted the following costs the upcoming period: Factory depreciation $15,612 Indirect labor 38,690 Factory electricity 4,412 Indirect materials 9,164 21,721 Selling expenses Administrative expenses 12,218 Total costs $101,817 Factory overhead is allocated to the three products on the basis of processin hours. The products had the following production budget and processing hou per case: Budgeted Volume (Cases) Processing Hours Per Case Tortilla chips 1,500 0.15 NAGNAVO per case: Budgeted Volume (Cases) Processing Hours Per Case Tortilla chips 1,500 0.15 Potato chips 3,600 0.12 Pretzels 6,000 0.10 Total 11,100 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 overhead rate in (a) to determine the amount of total and per-cas overhead allocated to each of the three products under generally accepted accounting principles. Total Factory Overhead Per-Case Factory Overhead Tortilla chips Potato chips MAGNAVOX Student portal N D2L Login ditech Lowe's Home Impr. Pretzels 6,000 0.10 Total 11,100 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 overhead rate in (a) to determine the amount of total and per-case 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 Check My Work Next MAGNAVOX