Reference s 0.25 hours of direct labor at an average cost of $50 per hour. Manufacturing overhead Cameron, Inc. manufactures model airplane kits. Direct materials are 5 ounces of plastic is allocated using direct labor hours as the allocation base. The company has prepared to (Click the icon to view the budgets.) Cameron projects sales of 200, 100, 400, and 900 kits for the next four quarters. Camero Round amounts to two decimal places. Determine the cost per kit to manufacture the model airplane kits. (Round your answers to Cameron, Inc. Direct Materials Budget For the Year Ended December 31 First Second V Third Fourth Quarter Quarter Quarter Quarter Total 400 250 51 420 5 800 51 1,870 5 5 Total projected manufacturing cost per kit Prepare a cost of goods sold budget for the year. (Complete all answer boxes. Enter "0"f| Budgeted kits to be produced Direct materials (ounces) per kit Direct materials needed for production Plus: Desired direct materials in ending inventory Total direct materials needed 1.250 420 2,100 400 2.000 800 4.000 270 9,350 270 Cameron, Inc. Cost of Goods Sold Budget For the Year Ended December 31 1,670 900 2.500 420 2.800 400 4,270 800 9,620 900 First Second Third F Less: Direct materials in beginning inventory Budgeted purchases of direct materials 2,080 Quarter Quarter 770 3 $ Quarter 2,400 3||$ 3,470 3$ 8,720 3 Q Direct materials cost per ounce $ 3||$ $ 2.310 $ 6,240||$ 7,200 $ 10,410||$ 26,160 Budgeted cost of direct materials purchases Kits produced and sold Total budgeted cost of goods sold Cameron, Inc. Direct Labor Budget For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total Budgeted kits to be produced 420 250 0.25 400 0.25 800 0.25 1,870 0.25 0.25 Direct labor hours per unit Direct labor hours needed for production 100.00 467.50 62.50 50 l s 105.00 50 $ 200.00 50 $ 50 $ 50 Direct labor cost per hour Print Done Choose from any list or enter any number in the input fields and then continue to the 0 Reference X s 0.25 hours of direct labor at an average cost of $50 per hour. Manufacturing overhead Cameron, Inc. manufactures model airplane kits. Direct materials are 5 ounces of plastic is allocated using direct labor hours as the allocation base. The company has prepared the (Click the icon to view the budgets.) Cameron projects sales of 200, 100, 400, and 900 kits for the next four quarters. Camero Round amounts to two decimal places. Determine the cost per kit to manufacture the model airplane kits. (Round your answers t Cameron, Inc. Direct Labor Budget For the Year Ended December 31 First Second Third Quarter Quarter Quarter Fourth Quarter Total 250 0.25 420 0.25 400 0.25 800 0.25 1,870 0.25 Total projected manufacturing cost per kit Prepare a cost of goods sold budget for the year. (Complete all answer boxes. Enter "0" Budgeted kits to be produced Direct labor hours per unit Direct labor hours needed for production Direct labor cost per hour Budgeted direct labor cost 62.50 50 S 105.00 50 $ 100.00 50 $ 200.00 50 $ 467.50 50 $