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 $17,796 Indirect labor 44,104 Factory electricity 5,029 Indirect materials 10,447 Selling expenses 24,760 Administrative expenses 13,928 Total costs $116,064 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 4,800 0.10 Potato chips 1,200 0.12 Pretzels 3,900 0.15 Total 9,900 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 3;: it per processing hour