i attached the previous parts in case you need them, but please prepare a manufacturing overhead budget?
EEAA More Info - X lal to Direct materials are six 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 920 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 240 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 $15 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. Variable overhead is $0 60 per kit, and fixed overhead is $140 per quarter. BI Print Done 2.930 6 1.580 408 150 270 240 240 materials in ending inventory enter any number in the input fields and then click Check Answer Homer, Inc. manufactures model airplane kits and projects production at 550, 680, 250, and 450 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 needed for production, budgeted overhead costs, and predetermined overhead allocation rate to two 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 Third Fourth Quarter 450 6 Total 1,930 6 Quarte Quarter Quarter Budgeted kits to be produced 550 680 250 6 6 6 Direct materials counces) per lot A Direct materials needed for production 3,300 4,080 1.500 408 150 270 Plus Desired direct materials in ending inventory sion Choose from any list or enter any number in the input fields and then click Check Answer 2,700 240 11,580 240 Clear All Check Answer Tutoring Help Me Solve This Get More Help number Direct materials needed for production 3,300 4,080 1,500 2,700 11,580 Plus Desired direct materials in ending inventory 408 150 270 240 240 Total direct materials needed 3,708 4,230 1.770 2,940 11,820 Less Direct materials in beginning inventory 920 408 150 270 920 Budgeted purchases of direct matenals 2.788 3,822 1.620 2,670 10.900 Direct materials cost per ounce $ 5 $ 5 $ 5$ 5 $ $ 13,940 $ 19.110$ Budgeted cost of direct materials purchases 8,100 S 13,350 $ 54,500 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 5 Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer Tutoring Help Me Solve This Get More Help Prepare Homer's direct materials budget direct labor budget and manufacturing overhead budget for the year, Round the direct labor ho production, budgeted overhead costs, and predetermined overhead allocation rate to two decimal places. Round other amounts to the ne number EDHE Homer, Inc. Direct Labor Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total 550 450 Budgeted kits to be produced 1.930 680 0.25 250 0.25 0.25 025 0.25 137.50 170.00 62.50 482.50 Direct labor hours per unit Direct labor hours needed for production Direct labor cost per hour 112.50 15$ 15 S $ 15$ 15 S 15 AC $ 2.063 S 2,550 $ 7.238 938 5 1,688 $ Budgeted direct labor cost 101 Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Tutoring Help Me Solve This Get More Help Homer, Inc. Direct Labor Budget For the Year Ended December 31 First Second Third Quarter Quarter Quarter Fourth Quarter Total 550 680 250 1,930 450 0.25 0.25 0.25 0.25 0.25 Budgeted kits to be produced Direct labor hours per unit Direct labor hours needed for production Direct labor cost per hour 137.50 170.00 62.50 112.50 482.50 15 15 15 $ 15 15 s on 16 o Jon 2,063 $ 2,550 938 $ 1,688 S 7 238 Budgeted direct labor cost Prepare Homer's direct materials budget, direct labor budget, and manufacturing overhead budget for the year. Round the direct labor hours needed for production, budgeted overhead costs, and predetermined overhead allocation rate to two decimal places. Round other amounts to the nearest whole number 19 Direct labor cost per hour 15 2 15 a 10 Budgeted direct labot cost 2,063 $ 2 550 $ 9385 1,688 $ 7238 Prepare the manufacturing overhead budget. (Enter all costs and hours as a decimal to two places, XXX Abbreviations used. VOH = variable manufacturing overhead, FOH = fed manufacturing overhead) Homer, Inc. Manufacturing Overhead Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total WALLPnor Choose from any list or enter any number in the input fields and then click Check Answer. Clear All Check Answer Tutoring Help Me Solve This Get More Help In to the nearest who Quarter Quarter Quarter Quarter Total ut VOH cost per kit Budgeted VOH Budgeted FOH Bon Budgeted manufacturing overhead costs o Direct labor hours Budgeted manufacturing overhead costs AC Predetermined overhead allocation rate 5SION Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check Answer Tutoring Help Me Solve This Get More Help