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 $22,345 Indirect labor 55,377 Factory electricity 6,315 Indirect materials 13,115 Selling expenses 31.089 Administrative expenses 17,487 Total costs $145,728 Factory overhead is allocated to the three products on the basis of processing hours, The products had the following production budget and processing hodes per case: Budgeted Volume Processing Hours (Cases) Per Case Tortilla chips 5,100 0.10 Potato chips 6,900 0.12 Pretzels 1,200 0.15 13,200 If required, round all per case answers to the nearest cent. a. Determine the single plantwide factory overhead rate per processing hour b. Use the overhead rate in (a) to determine the amount of total and percase overhead allocated to each of the three products under generally accepted accounting principles Per-Case Total a. Determine the per processing hour b. Use the overhead rate in (a) to determine the amount of total and percase overhead allocated to each of the three products under generally accepted accounting principles Total Per-Case Factory Overhead Factory Overhead Tortilla chips Potato chips Pretzels Total Previous Next