Glaston Company Manufactures a Single Product Using a JIT Inventory

question 173

Multiple Choice

Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of units expected to be produced are 193,000 in October, 201,500 in November, and 198,000 in December. Glaston assigns variable overhead at a rate of $0.75 per unit of production. Fixed overhead equals $150,000 per month. Compute the total budgeted overhead that would appear on the factory overhead budget for month of October.

• A) $301,125.
• B) $343,000.
• C) $294,750.
• D) $150,000.
• E) $144,750.

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Definitions:

Body Temperature

The measure of the body's ability to generate and get rid of heat, reflecting the balance of heat production and loss.

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A chronic inflammatory bowel disease that can affect any part of the gastrointestinal tract, causing a wide range of symptoms.