Glaston Company manufactures a single product using a JIT inventory system. The
ID: 2398604 • Letter: G
Question
Glaston Company manufactures a single product using a JIT inventory system. The production budget indlcates that the number of units expected to be produced are 192.000 in October, 200,500 in November, and 1970o0 n December Glaston assions variable overhead at a rate of $o.70 per unit of production. Fixed overhead equals $149,000 per month. Compute the total budgeted overhead that would appear on the factory overhead budget for month of October O $341000 O s49 o00. D 5134400 D s2a93so D $283 400Explanation / Answer
E. $283,400
Total budgeted overhead = (192,000 * $0.70) + $149,000
Total budgeted overhead = $283,400
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