Single Plantwide Factory Overhead Rate

Scrumptious Snacks Inc. 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		$13,988
Indirect labor		34,665
Factory electricity		3,953
Indirect materials		8,210
Selling expenses		19,461
Administrative expenses		10,947
	Total costs	$91,224

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			3,300			0.12
Potato chips			2,400			0.15
Pretzels			3,300			0.10
	Total		9,000

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 Factory Overhead	Per-Case Factory Overhead
Tortilla chips	$ ?	$?
Potato chips	?	?
Pretzels	?	?
Total	$ ?