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 $22,269 Indirect labor 55,189 Factory electricity 6,293 Indirect materials 13,071 Selling expenses 30,983 Administrative expenses 17,428 Total costs $145,233 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 2,700 0.10 Potato chips 5,100 0.15 Pretzels 3,600 Total 11,400 0.12 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. Indirect materials 13,071 Selling expenses 30,983 Administrative expenses 17,428 Total costs $145,233 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 2,700 0.10 Potato chips 5,100 0.15 Pretzels 3,600 0.12 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 rotein () 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