Ausin, Inc. manufactures mecel airpare kite and projects production at 450, 800, 300, and 550 klx for the next four queries. Cick the icon to view the manufacturing hommation Prepans Alstin's direct materials budget direct lahor hudget, and manufacturing awatoa hudget for the year. Round the direct labor hours readed for production, bucigated warhead coats, and pracetamined overtad alocation rate to two cocimal placas. Round other amours to the rearst whole number Begin by preparing Austin's direct matcr als bucet. A More info Austin, Inc Direct Materials Budget For the Year Ended December 31 First Second Quarter Quarter Third Fourth Quarter Quarter | Tatai Direct malerials (ource) per il Direct materials anded for production Direct materials are seven ounces of plastic per kt and the places $5 per cunca, Indirect materials are considered insignificant and are not included in the bucoeling procee. Beginning in Maleriele Inventory is 30 ounces and the company desires to end a quarter with 30% of the serials needed for the next quarter's production. Austin desrus a balance of 220 cences in Raw Materials Inventory at the end of the fourth quarter. Each kt. nequres 0.50 hours of direct laher at an average cost of $25 per hour. Manutacturing wetend to allocated waing direct labor hours as the location base Variable que teed l 50 50 per kit and fixed overhead 5145 per quarter. Plus: Total direct material needed LAR Print Denn I Budgeted purchases of drucl muterials Direct maturals cost per ounce Budgeted cost of direct materials purchases