(Cick be kon bo view the mandarturing infocmation) fate to two decmul places. Round cther armouts to the newest wholo number. More info Direct materials are five ounces of plastic per kit and the plastic costs $4 per ounce. Indirect materials are considered insignificant and are not included in the budgeting process. Beginning Raw Materials Inventory is 860 ounces, and the company desires to end each quarter with 10% of the materials needed for the next quarter's production. Cameron desires a balance of 230 ounces in Raw Materials Inventory at the end of the fourth quarter. Each kit requires 0.25 hours of direct labor at an average cost of $30 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. Variable overhead is $0.40 per kit, and fixed overhead is $135 per quarter. Begin by preparing Cameron's direct materials budget. Cameron, Inc. Direct Labor Budget For the Year Ended December 31 Prepare the manufacturing overhead budget. (Enter al costs and hours as a decimal to two places, XX Abbreviations used: vOH = variable manufacturing overhead; Cameron, Ine. Manufacturing Overhead Budget For the Year Ended December 31 VOH cost por kit Budgeted VOH Budgeted FOH Budgeted manufacturing overhead costs Direct labor hours Budgotod manulacturing overhoad costs Predetermined overhead alocation rate