Princ a model podio 50.220.600.000 the need for etwemo Beer Pressemedded out and governator Hond the deed labor honded for protection biedved costumed at in twee ouders who tegn tyg oct met buit Third Fourth Quarter Quarter Total 600 800 2070 Begin by preparing Preston's direct materials budget. Preston, Inc. Direct Materials Budget For the Year Ended December 31 First Second Quarter Quarter Budgeted kits to be produced 450 220 Direct materials (ounces) per kit Direct materials needed for production Plus Desired direct materials in ending inventory Total direct materials needed Direct materials in beginning inventory Budgeted purchases of direct materials 210 210 Les Direct materials cost per ounce Budgeted cost of direct materials purchases More info Direct materials are two 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 30% of the materials needed for the next quarter's production. Preston desires a balance of 210 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 $35 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. Variable overhead is $0.80 per kit, and fixed overhead is $145 per quarter