omer, ine. manulactures model nirplane kits ard projects production at 300, 330. 650, and 500 kas for the next four quareri. Piclak this loan to verw the marufactuing inomethon.] prebetemined ovechesd alocadion ease to tho decmal pleces. Found ether ancourta to the neared whole number. . Homer, Ino. manufactures model aimplane kits and projects production at 300,330,650, and 500 kits for the next four quatern 1. (Click the icon to viow the manulocturing information) Prepare Homer's direct materials budget direct labor budget, and manufacturing overhead budget for the year, Round the direct iaboe hourt needed for producfon, budgemer predetermined overhead allocation rate to bwo decimal places. Round other amounts to the nearnat whole number More info Direct manerals are four ounces of plastic per wit and the plaste costs $5 per ounce: Indirect materials are considered insignificant and are not included in the budgeting process. Beginning Raw Materiais twventory is 800 cunces, and the company desires to end each quarter with 30 baineo of Materias inventory at the end of the lourth quarter, Each kit requires 0.60 peurs of next quarter's production. Homer desires a bu allocated using drect labor hours as the afocation base viriable overhead it \$0. BO per kit, and fixed overhead is $125 per quarte