Austin, Inc manufactures model eiplane kis and projects production at 500,360,400, and 350 kits for the next lour quarters (i. (Click the icon to view the manufacturing information.) Prepare Austin's direct materials budgot, drect labor budget, and manufacturing overhead budget for the year. Round the direct labor hours needed for production, budgeted overhead costs, and predetermined overtiead ollocaton rate to two decimal places. Round other amounts to the nearest whole number. Austin, Inc. Direct Materials Budget For the Year Ended Decepnber 31 Direct materials (ounces) per kit Direct materials needed for production Plus Total ditect materials needed Les5 Budgeted purchases of direct materiats Direct materials cost per ounce. Austin. Inc manufactures model airplane kits and projects production at 500,360,400. and 350 kits for the next four quarters: (Click the icon to view the manufacturing information.) Prepare Austiris direct materials budget, drect labor bodget, and manufacturing overhead budget for the year. Round the direct labor hours needed for prodintien, budgeted overhead cests, and predetermined ovechead allocation rate to fwo decimal places Round other amounts to the nearest whole number