The following information pertains to green industries' defined benefit pension plan. green industries uses u. s. gaap. discount rate8.5%expected rate of return10%average service life10 yearsat january 1, year 1projected benefit obligation600,000fair value of pension plan assets620,000unrecognized prior service costs240,000unrecognized net gain96,000at december 31, year 1projected benefit obligation950,000
fair value of pension plan assets720,000for the year ended december 31, year 1service costs90,000contributions made110,000benefits paid72,000green industries uses the straight-line method of amortization over the maximum period permitted. the company has an effective tax rate of 30%.

Salty sensations snacks company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. the company has budgeted the following costs for the upcoming period: 1 factory depreciation $33,782.00 2 indirect labor 84,456.00 3 factory electricity 8,446.00 4 indirect materials 40,356.00 5 selling expenses 26,900.00 6 administrative expenses 17,200.00 7 total costs $211,140.00 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 case tortilla chips 3,600 0.25 potato chips 5,300 0.11 pretzels 2,300 0.49 total 11,200 required: a. determine the single plantwide factory overhead rate.* b. use the factory overhead rate in (a) to determine the amount of total and per-case factory overhead allocated to each of the three products under generally accepted accounting principles. refer to the amount descriptions list provided for the exact wording of the answer choices for text entries.* * if required, round your answers to the nearest cen