Solution-Determine the single plantwide factory overhead

Determine the single plantwide factory overhead rate

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Reference no: EM132754467

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:

Factory depreciation $30,986.00

Indirect Labor $77,464.00

Factory Electricity $7,746.00

Indirect Materials $33,864.00

Selling Expenses $25,300.00

Administrative Expenses $18,300.00

Total: $193,660.00

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 4,000 0.23

Potato Chips 4,500 0.12

Pretzels 2,500 0.40

Totals 11,000

Required:

Problem a. Determine the single plantwide factory overhead rate

Reference no: EM132754467

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Determine the single plantwide factory overhead rate

Reference no: EM132754467

Reference no: EM132754467

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