Problem Set: Module 3 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 $26,231 Indirect labor 65,007 Factory electricity 7,413 Indirect materials 15,397 Selling expenses 36,495 Administrative expenses 20,529 Total costs $171,072 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 3,600 0.10 Potato chips 3,900 0.12 Pretzels 6,000 0.15 Total 13,500 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-Case Factory Overhead Factory Overhead Testille china Check My Work Previous NextBudgeted Volume Processing Hours (Cases) Per Case Tortilla chips 3,600 0.10 Potato chips 3,900 0.12 Pretzels 6,000 0.15 Total 13,500 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-Case Factory Overhead Factory Overhead Tortilla chips $ Potato chips Pretzels Total $ Check My Work Previous Next ssignment Score: 33.33% Email Instructor Save and Exit Submit Assignment for Grading