It is a three part question

Homework: ACC-260 Topic 3 Assignment Carlton, Inc. manufactures model airplane kits and projects production at 200, 120, 550, and 700 kits for the next four quarters. i (Click the icon to view the manufacturing information.) O Prepare Carlton'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. O More info Begin by preparing Carlton's direct materials budget. O Carlton, Inc. Direct materials are 5 ounces of plastic per kit and the plastic costs $3 per oun Indirect materials are considered insignificant and are not included in the budg Direct Materials Budget process. Beginning Raw Materials Inventory is 880 ounces, and the company For the Year Ended December 31 desires to end each quarter with 20% of the materials needed for the next quart production. Carlton desires a balance of 260 ounces in Raw Materials Inventory First Second Third Fourth the end of the fourth quarter. Each kit requires 0.75 hours of direct labor at an Quarter Quarter Quarter Quarter Tota average cost of $50 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. Variable overhead is $0.70 per kit, and fixed X Budgeted kits to be produced 200 120 550 700 overhead is $130 per quarter. Direct materials (ounces) per kit Direct materials needed for production 1,000 600 2,750 3,500 Plus: Desired direct materials in ending inventory Print Done Total direct materials needed Less: Direct materials in beginning inventory Help me solve this Demodocs example Get more help - Clear all Check answer 8:58 8/20/20