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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

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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 $19,011 Indirect labor 47,114 Factory electricity 5,373 Indirect materials 11,158 Selling expenses 26,450 Administrative expenses 14,878 Total costs $123,984 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 4,800 0.10 Pretzels 2,100 0.12 Total 13,500

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