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x + 2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker= &takeAssignmentSessionLocator=Sunprogress =false eBook Single Plantwide Factory Overhead Rate Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and

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x + 2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker= &takeAssignmentSessionLocator=Sunprogress =false eBook 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 $14,805 Indirect labor 36,690 Factory electricity 4,184 Indirect materials 8,689 Selling expenses 20,598 Administrative expenses 11,586 Total costs $96,552 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 2,100 0.15 Potato chips 4,500 0.10 Pretzels 4.800 0_12 Total 11,400 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. X 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

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