Trevor Inc manufactures model airplane kits and production at 250, 680, 600, and 750 kits for the next four quarters.

Direct materials are 6 ounces of plastic per kit and the plastic costs $5 per ounce. Indirect materials are considered insignificant and are not included in the budgeting process. Beginning Raw Materials Inventory is 930 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 300 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 $15 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. Variable overhead is $0.25 per kit, and fixed overhead is $140 per quarter. Prepare Trevor's direct materials budget direct labor budget, and manufacturing overhead budget for the year Round the directia decimal places. Round other amounts to the nearest whole number. Direct Materials Budget For the Year Ended December 31 Second Third First Quarter Fourth Quarter Quarter Quarter Total Budgeted kits to be produced Direct materials counces) per kit Direct materials needed for production PIUS Desired direct materials in ending inventory Total direct materials needed Less Direct materials in beginning inventory Budgeted purchases of direct materials Direct materials cost per ounce Budgeted cost of direct materials purchases Prepare the direct labor budget. (Enter any hours as a decimal to two places, XXX, and round all other amounts to the nea Trevor, Inc. Direct Labor Budget For the Year Ended December 31 First Second Quarter Quarter Third Fourth Quarter Quarter Total 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 Prepare the manufacturing overhead budget (Enter all costs and hours as a decimal to two places, XXX Abbreviations u Prepare Trevor's direct materials budget direct labor budget, and manufacturing overhead budget for the year Round the decimal places. Round other amounts to the nearest whole number Fourth Quarter Total Manufacturing Overhead Budget For the Year Ended December 31 First Second Third Quarter Quarter Quarter Budgeted kits to be produced VOH cost per kit Budgeted VOH Budgeted FOH Budgeted manufacturing overhead costs Direct labor hours Budgeted manufacturing overhead costs Predetermined overhead allocation rate