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 $30,802 76,334 8,705 18,079 42,854 24,106 $200,880 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 6,600 0.15 Potato chips 4,500 0.10 Pretzels 6,600 0.12 Total 17,700 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. per processing hour