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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$24,266Indirect labor60,137Factory electricity6,858Indirect materials14,243Selling expenses33,761Administrative expenses18,991Total costs$158,256

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 (Cases)Processing Hours Per CaseTortilla chips1,2000.10Potato chips5,7000.12Pretzels7,2000.15Total14,100

If required, round all per-case answers to the nearest cent.

a. Determine the single plantwide factory overhead rate. $fill in the blank 1 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 Factory OverheadPer-Case Factory OverheadTortilla chips$fill in the blank 2$fill in the blank 3Potato chipsfill in the blank 4fill in the blank 5Pretzelsfill in the blank 6fill in the blank 7Total$fill in the blank 8

.

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

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