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 periods Factory depreciation $18,395 Indirect labor 45,589 Factory electricity 5,199 Indirect materials 10,797 Selling expenses 25,594 Administrative expenses 14,396 Total costs $119,970 Factory overhead to 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 2,400 0.15 Potato chips 3.900 0.10 Pretzels 4,500 0.12 Total 10.800 If required, round all per-case answers to the nearest ceat. w. Determine the single plantwide factory overhead rate 93 X 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 Torta Chlos $33,480 X 13.95 x Pota chips 36,270 X 9.30 x Pretti 50,220 X 11.16 X Total $ 119,970 X