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Single Piantwide factory Oyerhead Rate Scrumntious Snacks Inc. mantifactures three trpes of snack foods: tortilla...

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Accounting

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Single Piantwide factory Oyerhead Rate Scrumntious Snacks Inc. mantifactures three trpes of snack foods: tortilla chips, potato chips, and eretzels. The company has budgeted the following costs for the upcoming peitiot: Factory everticad is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per case: If required, round all per case answers to the nearest cent. 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. Feedinace * Cres. Mr War 3 Frtt catcutat: Eudgeted producton volume for each product x Processing hours Add together to obtan total processing hours. tate D. Casculate amounts by budgefed peoduction volume for each product to obtain overhead per unit

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