21 A company produced 280 units of Product L and 260 units of Product M during the current period and incurred joint costs of $792. Product L sells for $10 per unit and Product M sells for $20 per unit. Compute the cost to be allocated to Product L for this period's joint costs if the value basis is used. (Do not round intermediate calculations.) 8 01:50:46 Multiple Choice Ask $277. $527. $123. $2,564. $981. 22 8 01:50:30 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 201,000 in October, 209,500 in November, and 206,000 in December. Glaston assigns variable overhead at a rate of $0.70 per unit of production. Fixed overhead equals $158,000 per month. Compute the budgeted total factory overhead for October. Ask Multiple Choice $359,000. $158,000. $140,700. $304,650. $298,700. Cahuilla Corporation predicts the following sales in units for the coming four months: 23 Sales in units April May June July 240 280 300 240 01:50:18 Ask Each month's ending Finished Goods Inventory in units should be 40% of the next month's sales. March 31 Finished Goods inventory is 96 units. A finished unit requires five pounds of direct material B at a cost of $2.00 per pound. The March 31 Raw Materials Inventory has 200 pounds of direct material B. Each month's ending Raw Materials Inventory should be 30% of the following month's production needs. The budgeted cost of direct material B during May should be: Multiple Choice $576. $3,708. $552. $2,016. $2,844