Question: D2L 3-1 Problem Set: Module Thre CengageNOWv2 | Online teac X Mindtap - Cengage Learning om/ilrn/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSessionLocator=assignment-take&inprogress=false New Chrome available eBook Single plantwide factory overhead rate
D2L 3-1 Problem Set: Module Thre CengageNOWv2 | Online teac X Mindtap - Cengage Learning om/ilrn/takeAssignment/takeAssignmentMain.do?invoker=saved&takeAssignmentSessionLocator=assignment-take&inprogress=false New Chrome available 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 $18,045 Indirect labor 44,720 Factory electricity 5,100 Indirect materials 10,591 Selling expenses 25,106 Administrative expenses 14, 122 Total costs $117,684 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 6,300 0.12 Potato chips 2,100 0.15 Pretzels 3,300 0.10 Total 11,700 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 per-case overhead allocated to each of the three products under generally accepted accounting principles. Total Per Unit Check My Work Next All work saved. Email Instructor Save and Exit Submit Assignment for Grading MacBook Air 80 KK DII DD F12NOWv2 | Online tear Mindtap - Cengage Learning x n/takeAssignment/take AssignmentMain.do?invoker= New Chrome avail eBook Indirect materials 10,591 Selling expenses 25,106 Administrative expenses 14,122 Total costs $117,684 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 6,300 0.12 Potato chips 2,100 0.15 Pretzels 3,300 0.10 Tota 11,700 If quired, round all per-case answers to the nearest cent. . Determine the single p ntwide factory overhead rate. per processing hour b. Use the overhead rate in (e) to determine the amount of total and per-case overhead allocated to each of the three products under generally accepted accounting principles, Total Per Unit Factory Overhead Factory Overhead Case Tortilla chips Potato chips Pretzels Total Check My Work Next All work saved. Email Instructor Save and Exit Submit Assignment for Grading 80 DII DD F4 F5 F6 F7 F8 F9 F10 F11 F12 "> & 6 7 8 9
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