Trovor, ine manufactures model tirplane kits and projects production 500.300.300 and as for the next to cart Dick the con tow the manufacturing information Prepare Trevor direct matemals budget direct labor budget and mandaching overheas bodet for the year Pound the dired labor founded ter production budgeted ovestead cook and predetermined overhead allocation rate to two decimal places. Round the amounts to the whole commer Direct Materials Budget For the Year Ended December 31 First Second Quarter Quarter Fourth Third Quarter Quarter Total Bussed its fo be produced biro matonais concert Direct mand for production Plus Total roman Budotud purchases of direct URLIO. More info Direct materials are 4 ounces of plastic per kit and the plastic costs $1 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 10% of the materials needed for the next quarter's production. Trevor desires a balance of 280 ounces in Raw Materials Inventory at the end of the fourth quarter. Each kit requires 0.75 hours of direct labor at an average cost of $25 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. Variable overhead is $0.30 per kit, and fixed overhead is $140 per quarter. Print Done