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Question - 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 3,300 0.10
Potato chips 3,300 0.15
Pretzels 7,200 0.12
Total 13,800
If required, round all per-case answers to the nearest cent. Determine the single plantwide factory overhead rate.
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