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 519,430 Indirect labor 48,154 Factory electricity 5,401 Indirect materials 11,405 Selling expenses 27,034 Administrative expenses 15,206 Total costs $126,720 Factoryr 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 3,600 0.12 Potato chips 7,200 0.15 Pretzels 6,000 0.10 Total 1 5,300 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. 5: per processing hour b. Use the overhead rate in [a] to determine the amount of total and per-case overhead allocated to each ofthe three products under generally accepted accounting principles. Total Per-Case Factoryr Overhead Factory Overhead Tortilla chips $: 5: Potato chips E E Total 3