Please help with this problem $($all information is included$)$ Carlton, Inc. manufactures model airplane kits and projects production at $300,270,400,$ and $500$ kits for the next four quarters.

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two decimal places. Round other amounts to the nearest whole number.

Begin by preparing Cariton's direct materials budget.

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Direct materials are five 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 $890$ ounces, and the

company desires to end each quarter with $20\%$ of the materials needed for the

next quarter's production. Cariton desires a balance of $300$ ounces in Raw

Materials Inventory at the end of the fourth quarter. Each kit requires $0\mathrm{.}25$ hours of

direct labor at an average cost of $$45$ per hour. Manufacturing overhead is

allocated using direct labor hours as the allocation base. Variable overhead is

$$0\mathrm{.}70$ per kit, and foxed overhead is $$155$ per quarter.