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Prepare Trevor's direct materials budget, direct labor budget, and manufacturing overhead budget for the year. Round the direct labor hours needed for production, budgeted overhead

Prepare Trevor'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 prefetermined overhead allocation rate to two decimal places. Round to the nearest whole number. image text in transcribed
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1:22-24 (similar to) tements models and production at 300, 30, 600, watoto Os then to view themaning tomto Proper Tower rad moteris buto direct labor det en margohet budget for the Hound the director for et for production, butted, and return how to as wherber Beyin by rewrig wordrect materia tutet More Trevetne Direct Matra For the Year Ended December 31 F Second Quarter Quarter Third Quarter Fourth Quarter Total Dired as 3G of plastic per and the scoperture Indirect condant and are not indian budgeting process. Being Raw Materials in 10 s, and the cor to and each at 20% were red for the next que production Trevor deres blow of 270 cs Raw Materials tory tead of the fourth 75 hour of ordbora cost of $50 per hour Manding door de labor hours as the cente Vrabie 1000 per and bad 3145 Drempel Det materials used for profition P Total de man Dene La Bated purchases of Direct couperoon Bused to retur Choose from any store any number in the input folds and then dick Check Answe ect labor hours needed for production, budgeted overhead costs, and predetermined overhead allocation rate to two de i More Info stal Direct materials are 3 ounces of plastic per kit and the plastic costs $4 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. Trevor desires a balance of 270 ounces in Raw Materials Inventory at the end of the fourth quarter. Each kit requires 0.75 hours of direct labor at an average cost of $50 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. Variable overhead is $0.60 per kit, and fixed overhead is $145 per quarter. Print Done nearest whole number. we year. Round the direct labor hour Begin by preparing Trevor's direct materials budget. Trevor, Inc. Direct Materials Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total Direct materials (ounces) per kit Direct materials needed for production Plus: Total direct materials needed Less: Budgeted purchases of direct materials Direct materials cost per ounce Budgeted cost of direct materials purchases Choose from any list or enter any number in the input fields and then click Check

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