Home, ne manutentures modi planets and promet production at 600, 600150, and Tours for the next four queries Cick then to view the manunginformation Prepare Homer direct material budget rector budget and manufacturing overhead budget for the year and the direct labor hours noded for producten budgetodowartaad ols, and produtomned overrea alocation rate to heimal places Roured her nounts to the went to me More info Begin by earning Homer's director buget Homarin Direct Materials to For Year Ended December 31 Piret Second Quarter Quarter Th Quar Fourth Quanar Total Det more of a partner of ndirect we are considered in fcant and are not in the bugeting regalow is cunce and Tecman es and each w withos ofera material need for the nel cuore producten om uw baw 280 Conces Maternity at e end of the fourth grach one of direct bort were cost of porou Maructuring overed in forening red wor her the location Varbe 105 ported Direct marcas por Det er mulion Print Done Torrem Bu prof Drottanut pallone The forme This Question 1 pt o wine mature model pose and production 600.000 150 and 70s for the next bourses Oon viewer Prepareer redan budget, dretung und andering van kleure your rendre de production, wted compradored overtat alates ce Hound the areas the whole number Home Monito Drugt For You Ended December F Third Fourth Det er en faster and the cooperance Bu Guerr Quarter directed on went include bag May 150 DONT and wife for the Horrow 200 was very e end of the lower flere M. Mag di wow worn base. V 80.75 per it and Ted De Prepare the manage XXX VOR Top An Vugovora Od mancungwa Here, the Manufacturing Oddget For the Year Ended December 31 First Sond More Third Four VOH Dodge VOH BOH Director Tunes de paste costs 55 per un direction and included in the buwing Begitus inter is 350 de company entre il 10% of needed for the nature Douton, Homer of 200 ore Merry the end of the fourth Each itunes hours a dreaborata of per hout Meutung id ting direct labor hour relations we had $0.75 and 1145 ho Budget Bone Choose tromy we went out and the content Homer, Inc. manufactures model airplane kits and projects production at 600, 680, 150, and 750 kits for the next four quarters. (Click the icon to view the manufacturing information.) Prepare Homer's direct materials budget direct labor budget, and manufacturing overhead budget for the year. Round the direct labor hours nee decimal places. Round other amounts to the nearest whole number. Begin by preparing Homer's direct materials budget. Homer, Inc. Direct Materials Budget For the Year Ended December 31 First Second Quarter Quarter Third Fourth Quarter Quarter Total Direct materials (ounces) per kit Direct materials needed for production Plus: Total direct materials needed Less: Budgeted purchases of direct materials Direct materials cost per Ounce Budgeted cost of direct materials purchases Prepare the direct labor budget. (Enter any hours as a decimal to two places, XXX, and round all other amounts to the nearest whole number.) Homer, Inc. Direct Labor Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total Direct labor hours needed for production Budgeted direct labor cost -rrahla manufacturi Prepare the manufacturing overhead budget. (Enter all costs and hours as a decimal to two places, XXX. Abbreviations used: VOH = Homer, Inc. Manufacturing Overhead Budget For the Year Ended December 31 Fourth Quarter Quarter First Second Third Quarter Quarter Total VOH cost per kit Budgeted VOH Budgeted FOH Budgeted manufacturing overhead costs Direct labor hours Budgeted manufacturing overhead costs Predetermined overhead allocation rate Choose from any list or enter any number in the input fields and then continue to the next question -VOH = variable manufactu - i More Info Direct materials are 7 ounces of plastic per kit and the plastic costs $5 per ounce. Indirect materials are considered insignificant and are not included in the budgeting process. Beginning Raw Materials Inventory is 950 ounces, and the company desires to end each quarter with 10% of the materials needed for the next quarter's production. Homer desires a balance of 260 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 $35 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. Variable overhead is $0.75 per kit, and fixed overhead is $145 per quarter. Print Done