Do Homework - M 5 Homework X p Do Homework - M 5 Homework x + File | C:/Users/tanya/Downloads/Do%20Homework%20-%20M%205%20Homework%208%20-%20Graded.pdf G 1 of 2 Q - + 0 Page view | A Read aloud | Draw ~ Highlight Erase Using the browser's print will lead to an undesirable print-out. Use the Print item from the "Question Help" menu to get a better print-out. Trevor, Inc. Direct Materials Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total Budgeted kits to be produced 450 330 350 500 1,630 3 3 Direct materials (ounces) per kit 3 Direct materials needed for production 1,350 990 1,050 1,500 4,890 99 105 150 220 220 Plus: Desired direct materials in ending inventory Total direct materials needed 1,44 1,09 1,20 1,72 5,110 880 99 105 150 880 Less: Direct materials in beginning inventory Budgeted purchases of direct materials 569 996 1,095 1,570 4,230 Direct materials cost per ounce S $ 569 396 1,095 1,570 4.230 Budgeted cost of direct materials purchases Trevor, Inc. Direct Labor Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total Budgeted kits to be produced 450 330 350 500 1,630 Direct labor hours per unit 0.75 0.75 0.75 0.75 0.75 Direct labor hours needed for production 337.50 247.50 262.50 375.00 1,222.50 50 50 50 50 50 Direct labor cost per hour 16,875 12,375 13,125 $ 18,750 61,125 lirect labor cost https://www.mathxl.com/Student/PlayerHomework.asp stionld=3&flushed=true&cld=6560836¢erwin=yes 1/2Do Homework - M 5 Homework X Do Homework - M 5 Homework x + X C O File | C:/Users/tanya/Downloads/Do%20Homework%20-%20M%205%20Homework%208%20-%20Graded.pdf G ... https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkld=600991899&questionld=3&flushed=true&cld=6560836¢erwin=yes 1/2 7/27/2021 Reference Trevor, Inc. Manufacturing Overhead Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total Budgeted kits to be produced 450 330 350 500 ,630 VOH cost per kit 0.75 0.75 0.75 0.75 $ 0.75 Budgeted VOH 337.50 $ 247.50 262.50 $ 375.00 $ 1,222.50 Budgeted FOH 150.0 150.0 150.0 150.00 600.00 $ 487.50 $ 397.50 $ 412.50 $ 525.00 $ 1,822.50 Budgeted manufacturing overhead costs Direct labor hours 337.50 247.50 262.50 375.00 1,222.50 Budgeted manufacturing overhead costs 1,822.50 1.49 rmined overhead allocation rate https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkld=600991899&questionld=3&flushed=true&cld=6560836¢erwin=yes 212 O G a 9 W 78 F AQ1 51 ~ 9. 8:58 PM 7/27/2021Assignments Do Homework - M 5 Homework B - Graded - Google Chrome X O X A courseher " mathxl.com/Student/PlayerHomework.aspx?homeworkld=600991899&questionld=3&flushed=true&cld=6560836¢erwin=yes * T ACG2071_673510_W Netanya Paul & | 07/27/21 8:52 PM E Course Homework: M 5 Homework B - Graded O Part 1 of 2 Question 4 Score: 0 of 4 points Save Trevor, Inc. manufactures model airplane kits. Direct materials are three ounces of plastic per kit and the plastic costs $1 per ounce. Indirect materials are considered insignificant and are not included in the budgeting process. Each kit requires 0.75 hours of direct labor at an average cost of $50 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. The company has prepared the following budgets (Click the icon to view the budgets.) Trevor projects sales of 350, 200, 300, and 550 kits for the next four quarters. Trevor has no kits in beginning inventory. Determine the cost per kit to manufacture the model airplane kits. Prepare a cost of goods sold budget for the year. Round amounts to two decimal places. Determine the cost per kit to manufacture the model airplane kits. (Round your answers to two decimal places, $XXX.) Total projected manufacturing cost per kit Choose from any list or enter any number in the input fields and then click Check Answer. p Me Solv e Text Pages Get More Help - Clear All Check Answer O G a 9 W 78F AQ1 51 ~ 9 , 8:52 PM 7/27/2021