Single plantwide factory overhead rate 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 $16,251 indirect labor 40,274 factory electricity 4,593 indirect materials 9,538 selling expenses 22,610 administrative expenses 12,718 total costs $105,984 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 4,800 0.15 potato chips 4,800 0.12 pretzels 2,400 0.10 total 12,000 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 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.