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 Indirect labor Factory electricity Indirect materials Selling expenses Administrative expenses Total costs $17,222 42,682 4,867 10,109 23,962 13,478 $112,320 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 6,000 0.12 Potato chips 4,500 0.10 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. S 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 Indirect materials Selling expenses Administrative expenses Total costs 10,109 23,962 13,478. $112,320 Factory overhead is allocated to the three products on the basis of processing hours. The products had the follow production budget and processing hours per case: Budgeted Volume Processing Hours (Cases) Per Case Tortilla chips 6,000 0.12 Potato chips 4,500 0.10 Pretzels 1,800 0.15 Total 12,300 If required, round all per-case answers to the nearest cent. a. Determine the single plantu