Single Plantwide Factory Overhead Rate Factory depreciation $15,920 Indirect labor 39,453 Factory electricity 4,499 Indirect...

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Accounting

imageSingle Plantwide Factory Overhead Rate Factory depreciation $15,920 Indirect labor 39,453 Factory electricity 4,499 Indirect materials 9,344 Selling expenses 22,149 Administrative expenses 12,459 quad Total costs $103,824 {:[" Budgeted Volume "],[" (Cases) "]:} {:[" Processing Hours "],[" Per Case "]:} Tortilla chips 4,800 0.12 Potato chips 3,900 0.10 Pretzels 1,800 0.15 Total 10,500 If required, round all per-case answers to the nearest cent. a. Determine the single plantwide factory overhead rate. $ per processing hour Total Factory Overhead Tortilla chips Potato chips Pretzels Total Per-Case Factory Overhead

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 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: 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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