there are 2 parts. part 1 = projected cost to produce each kit

part 2 = cost of goods sold budget

Preston. loc manufactures model aiplane kits. Direct materials are five ounces of plastic per kit and the plastic costs 53 per ounce. Indrect materials are considered insignificant and are not included in the budgefing process Each kil requires 0.25 hours of direct labor at an average cost of 556 per hour Manufacturing overtead is allocated using direct labor hours as the allocation base. The company has prepared the following budgets (Cyck the icon to view the budgets) Preston peojects sales of 500.200,500, and 700 kits for the next four quaters. Preston has no kiss in beginning inventory Determine the cost per kit to manutacture the model aisplane kits Prepare a cost of goods sold budget for the year. Round ameunts to two decimal places Determine the cost per ks to manulacture the model aisplane kits (Reind your answers to two decimat ploces $ ) Reference Reference Reference Reference