Kelvin, Inc. manufactures model airplane kits and project production at 500, 420, 600, and 800 kits for the next four quarters. Help Me Please.

Kelvin, Ine manufactures model incare kitend project production at 500 120, 600, and 800 kits for the next four quarters Click the icon to view the manufacturing information. Propore Kelvine direct materials budget direct labor budget, and manufacturing overhead budget for the year. Round the direct labor hours needed for production budgeted Overhead cows, and predetermined overhead a location rate to two decimal places. Round other amounts to the nearest whole number Begn by prepanng Kelvin's direct matenals budget. Kalvin, Inc. Direct Materials Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter quartar quarter O Morena Budget KHS Babe produced Direct matatais (oucas) par kilt Drect materials are 7 ounces of plastic Direct materials needed for production perkt and the plasic costs $4 per Desired dincct materials in une indrept malerials at Plus Janding invertory considered insignificant and are not Tolal direct materials needed included in the budgeting process. Loss Drat malarials in beginning in Beginning Raw Materials Inventory is Budgcbed purchases of direct 870 ounces, and the company desires to end each quarter with 20% of the materials needed for the next quarter's Direct manas cost per ounce production. Kelvin desires a balance of Budgeted coat of direct materials 210 ounces in Raw Materials Inventory purchases at the end of the fourth quarter. Each ki! 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.) requires 0.75 hours of direct labor alan Kelvin, Inc. average cost of $55 per hour. Direct Labor Budget Manufacturing overhead is allocated For the Year Ended December 31 using direct labor hours as the allocation base. Variable overhead is 80.40 per kit, and fixed overleed is $135 per quarter. materiais Print Done Direct labor hours needed for produtton Budgeted direct labor cost Prepare the manufacturing overhead budget. Erter all costs and hours as a decimal to the places, XXX. Abbreviations used: VOH= vanable manufacturing overhead; FOH - foed manufacturing overhead.) Kalvin, linc. Manufacturing Overhead Budget For the Year Ended December 31 First Second Third Fourth Quartar quartar Quartar Quarter Total VOH cost part Budgeted VOH Budgeted FOH Budgeted manufacturing overhead cota Direct labor hours Budgebed manufacturing overhead costs Prodajamined overhead allocation rate