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Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods tortillo 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 tortillo chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory depreciation 512,822 Indirect labor 31,775 Factory electricity 3,623 Indirect materials 7.526 Selling expenses 17,839 Administrative expenses 10,034 Total costs $83,619 hudoet 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 3,900 0.15 Potato chips 3.600 0.12 Pretzels 4,500 0.10 Total 12,000 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 Total Per-Case Factory Overhead Factory Overhead Tortilla chips Potato chips Pretzels Total

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