production at 450, 620, 300, and 500 kits for the next four quarters. et, and panukanusia baaddaal.farda Daund the the ne More Info ieno lake kwa nanded fordelin, bu - X First Quarte Direct materials are 7 ounces of plastic per kit and the plastic costs $3 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 Cameron desires a balance of 240 ounces in Raw Materials Inventory at the end of the fourth quarter. Each kit requires 0.50 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 $0.75 per kit, and fixed overhead is $140 per quarter. Print Done S and then continue to the next question, Question Help Camarine manutachures model planets and project production at 450, 620, 300 and 500 ks for the neat for at Click the icon to view the manufacturing nation Prepare Cameron's direct material budget direct budget and manding overhead budget for the year. Round the director hours needed for production todete overhead costs and protermed overhead location rate to two decimal place Round other amounts to the whole number Third First Owner Second Quarter Fourth Quarter To Di malo teption chom a enter any number temples and then continuestion allocation rate to two decimal places. Round other amounts to the nearest whole number Cameron, Inc. Direct Labor Budget For the Year Ended December 31 First Second Third Quarter Quarter Quarter Fourth Quarter Total Direct labor hours needed for production Budgeted direct labor cost Prepare the manufacturing overhead budget (Enter all costs and hours as a decimal to two places, XXX Abbreviations used VE Choose from any list or enter any number in the input Melds and then continue to the next question Cameron, Inc. manufactures model airplane kits and projects production at 450, 620, 300, and 500 kits for the next four quarters Click the icon to view the manufacturing information.) Prepare Cameron's direct materials budget, direct labor budget, and manufacturing overhead budget for the year. Round the dire allocation rate to two decimal places. Round other amounts to the nearest whole number First Fourth Second Quarter Third Quarter Quarter Quarter Total VOH cost per kit Budgeted VOH Budgeted FOH Budgeted manufacturing overhead costs Direct labor hours Budgeted manufacturing overhead costs Predetermined overhead allocation rate Choose from any list or enter any number in the input fields and then continue to the next