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Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates...

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Accounting

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 198,000 in October, 206,500 in November, and 203,000 in December. Glaston assigns variable overhead at a rate of $0.70 per unit of production. Fixed overhead equals $155,000 per month. Compute the budgeted total factory overhead for October
Multiple Choice
$293,600.
$353,000.
$138,600.
$155,000.
$299,550.

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