Business, 30.03.2020 20:59 lizzy2951

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 $30,986.002. Indirect labor 77,464.003. Factory electricity 7,746.004. Indirect materials 33,864.005. Selling expenses 25,300.006. Administrative expenses 18,300.007. Total costs $193,660.00Factory 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:Required: Budgeted Volume (Cases) Processing Hours per CaseTortilla chips 4,000 0.23Potato chips 4,500 0.12Pretzels 2,500 0.40
Total 11,000a. 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 cent.

a. Determine the single plantwide factory overhead rate. If required, round your answer to the nearest cent.

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 answer to the nearest cent.

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Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chip...

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