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Single Pontwice Factory Overhead Rate Scrombos Snacks the manufactures three types of snack foods tortilla chips, potato chips, and pretzels. The company has budgeted the

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Single Pontwice Factory Overhead Rate Scrombos Snacks the manufactures three types of snack foods tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: Factory deprecation 528,284 Indirect labor 20,096 Factory electricity 7.993 Indirect materials 16,603 Seng expenses 39,352 Administrative expenses 22,136 Total costs $184,464 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 7,200 Potato chips 4.800 0.12 Pretzels 6,000 0.15 0.10 Total 18,000 If required, round all per case answers to the nearest cent. 3. Determine the single plantwide factory overhead rate. per processing bour b. Use the overhead rate in () to determine the amount of total and percase overhead allocated to each of the three products under generally accepted accounting pnnciples Total Per-Case Factory Overhead Factory Overhead Tortilla chips Potato chips Prices Total

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