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Homer, Int, manstactures model aiplane kis and projects produrton at 600,270,350, and 800 kits foe the next four quaters. (1) (Click the icon to vew the manulacturing intornation) Prepare Homer's direct materias busget, drect labor budget, and manufacturing overtead bubget for the yoac Round the drect tabor hours needed for production, budgeted overhead costs, and predestrmined overtead allocation rate to two decmal places. Round other amounts to the nearest whole number. Begin by preparing Hocrer's direct materials budget: More info ounce. Indivect materish are oonsidered iralgificant and are not included is the budgeting frocess; Fepineing raw Maderials lnventory is aro osnces, and the coopary drairss to end each cuarter with 20% of the maderials beeded for the Mertenas invendory at the end of the fourti quarter. Each kit requines 0.25 hinurs of direct iboor at in average cost of $22 per hour Manufichuring ovecthead is Homer, Int, manstactures model aiplane kis and projects produrton at 600,270,350, and 800 kits foe the next four quaters. (1) (Click the icon to vew the manulacturing intornation) Prepare Homer's direct materias busget, drect labor budget, and manufacturing overtead bubget for the yoac Round the drect tabor hours needed for production, budgeted overhead costs, and predestrmined overtead allocation rate to two decmal places. Round other amounts to the nearest whole number. Begin by preparing Hocrer's direct materials budget: More info ounce. Indivect materish are oonsidered iralgificant and are not included is the budgeting frocess; Fepineing raw Maderials lnventory is aro osnces, and the coopary drairss to end each cuarter with 20% of the maderials beeded for the Mertenas invendory at the end of the fourti quarter. Each kit requines 0.25 hinurs of direct iboor at in average cost of $22 per hour Manufichuring ovecthead is