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	$21,020
Indirect labor	52,093
Factory electricity	5,940
Indirect materials	12,339
Selling expenses	29,245
Administrative expenses	16,451
	Total costs	$137,088

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		6,000			0.15
Potato chips		2,400			0.12
Pretzels		2,400			0.10
	Total		10,800

If required, round all per-case answers to the nearest cent.

a. Determine the single plantwide factory overhead rate. $fill in the blank 1 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.

COMPLETE the CHART below!

	Total Factory Overhead	Per-Case Factory Overhead
Tortilla chips	fill in the blank	fill in the blank
Potato chips	fill in the blank	fill in the blank
Pretzels	fill in the blank	fill in the blank
Total	fill in the blank