Carton, inc manufactures model airplane kits and projects production at 600, 450, 350, and 550 kits for the next four quarters (Click the icon to view the manufacturing information) Prepare Carton's deect materials budget, direct labor budget, and manufacturing overhead budget for the year Round the direct labor hours needed for production, budgeted overhead costs, and proded overhead alocation rate to two decimal places Round other amounts to the nearest whole number Begin by preparing Carton's direct matenais budget Direct materials (ounces) per k Deact materwis needed for production Plus Total direct matoras needed Less Budgeted purchases of direct materials Drect minorias cost per ounce Budgeted cost of deect materials purchases Carlton, Inc Direct Materials Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total More info Direct materials are six ounces of plastic per kit and the pass Indirect materials are considered insignificant and are not inc process Beginning Raw Materials Inventory is U10 ounces an desires to end each quarter with 20% production Carton desires a balance o the end of the fourth quarter Each s average cost of $40 per hour Manufacturing e hooded Raw M hours of d ad is atoc lebox hours as the alocation base Visble overhead is 50.25 overhead is $145 per quanto Print Done