Single Patwiodacty Salty Sensations Snacks Company Manufactures Three Types Of Snack Foods Tortilla Chips Potato Chips 1 (19.18 KiB) Viewed 42 times
Single Patwiodacty Salty Sensations Snacks Company Manufactures Three Types Of Snack Foods Tortilla Chips Potato Chips 2 (20.99 KiB) Viewed 42 times
Single Patwiodacty 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 $24.461 Indirect labor 60,619 Factory electricity 6,913 Indirect materials 14,357 Selling expenses 34,032 Administrative expenses 19,143 Total costs $159,525 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 Processing Hours (Cases) Per Case Tortilla chips 6,600 0.12 Potato chips 4,500 0.15 Pretzels 6.600 0.10 Total 17,700 It required, round all per-case answers to the nearest cent.
Total costs $159,525 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 Processing Hours (Cases) Per Case Tortilla chips 6,600 0.12 Potato chips 4,500 0.15 Pretzels 6,600 0.10 Total 17,700 If required, round all per-case answers to the nearest cent, a. Determine the single plantwide factory overhead rate per processing hour b. Use the factory overhand rate in (a) to determine the amount of total and per-cnte factory overhead allocated to each of the three products under generally accepted accounting principles Total Per-Case Factory Overhead Factory Overhead Tortilla chips Potato chips Pretzels Total
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