Tasty Snack Food Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period:

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:

a. Determine the single plantwide factory overhead rate.

b. Use the factory overhead rate in

(a) to determine the amount of total and per unit factory overhead allocated to each of the three products under generally accepted accounting principles.

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Factory depreciation Indirect labor $ 94,000 331,000 Factory electricity 16,000 Indirect materials 45,000 Selling expenses 154,000 Administrative expenses 89,000 Total costs $729,000