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 $18,257 Indirect labor 45,247 Factory electricity 5,160 Indirect materials 10,716 Selling expenses 25,402 Administrative expenses 14,288 Total costs $119,070 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 car Budgeted Volume Processing Hours (Cases) Per Case Tortilla chips 4,800 0.15 0.12 Potato chips 4,500 0.10 Pretzels 2,100 Total 11,400 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. Not) Factory overhead is allocated to the three products on the basis of processing hours. The products had the folowing production budget and processing hours perce Budgeted Volume Processing Hours (Cases) Per Case Tortilla chips 4,800 0.15 Potato chips 4,500 0.12 Pretzels 2,100 0.10 Total 11,400 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 per-case 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 Next