Solution-Determine amount of total and per-case overhead

Determine amount of total and per-case overhead allocated

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Reference no: EM132971594

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$22,461

Indirect labor55,664

Factory electricity6,348

Indirect materials13,183

Selling expenses31,250

Administrative expenses17,578

Total costs$146,484

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 chips 5,400 0.12

Potato chips 4,200 0.15

Pretzels 6,000 0.10 Total 15,600

Problem a. Determine the single plantwide factory overhead rate.

Problem 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.

Reference no: EM132971594

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Determine amount of total and per-case overhead allocated

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