Austin, Inc manutactures model airplane kits. Drect materials are five ounces of plastic per ket and the plastic costs $4 per ounce. Indirect materiais are considered insign ficant and are not included in the budgeting process. Each kit requires 0.50 hours of direct labor at an average cost of $22 per hour. Manufacturing overhoad is alocated using direct labor hours as the allocation base. The company has prepored the following budgets: Cick the ion to view the budpets.) Austin projects sales of 200,400,700, and 300 wts for the next four quarters. Aus5n has no kits in beginning inventory. Determine the cost per kit to manufacture the model airplane wits. Prepare a coet of goods sold budget for the year. Round amounts to two decimal places Delermine the cont per kit to manutacture the model arplane kis. (Round your answers to two decimal places, 5 ) Reference Austin, Inc. Direct Labor Budget For the Year Ended December 31 Austin, Inc. Manufacturing Overhead Budget For the Year Ended December 31