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 203,000 in October, 211,500 in November, and 208,000 in December. Glaston assigns variable overhead at a rate of $0.80 per unit of production. Fixed overhead equals $160,000 per month. Compute the total budgeted overhead that would appear on the factory overhead budget for month of October.

Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)