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Trevor, Inc. manufactures model airplane kits and projects production at 600, 680, 250, and 350 kits for the next four quarters. (Click the icon to
Trevor, Inc. manufactures model airplane kits and projects production at 600, 680, 250, and 350 kits for the next four quarters. (Click the icon to view the manufacturing information.) Prepare Trevor's direct materials budget, direct labor budget, and manufacturing overhead budget for the year. Round the direct labor hours needed for production, budgeted overhead costs, and predetermined overhead allocation rate to two decimal places. Round other amounts to the nearest whole number. For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total Budgeted kits to be produced 600 680 250 350 1,880 3 3 3. 3 3 Direct materials (ounces) per kit Direct materials needed for production Plus: 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 3 | $ 3 | $ 3 || $ 3 3 | $ Budgeted cost of direct materials purchases Trevor, Inc. manufactures model airplane kits and projects production at 600, 680, 250, and 350 kits for the next four quarters. (Click the icon to view the manufacturing information.) Prepare Trevor's direct materials budget, direct labor budget, and manufacturing overhead budget for the year. Round the direct labor hours needed for production, budgeted overhead costs, and predetermined overhead allocation rate to two decimal places. Round other amounts to the nearest whole number. For the Year Ended December 31 First Second Third Fourth Quarter Quarter Quarter Quarter Total Budgeted kits to be produced 600 680 250 350 1,880 3 3 3. 3 3 Direct materials (ounces) per kit Direct materials needed for production Plus: 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 3 | $ 3 | $ 3 || $ 3 3 | $ Budgeted cost of direct materials purchases
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