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0 Do Homework , DanWathan , Google Chrome 3 Secure I httpszwwmathxl.corri/Sltident/PiayerHomeworkasphomeworkld:4213642858tquestionid:B&flushed:false&cld:44182458tcenterwin:yes EAC 2212 Principles ofAccounting 2 Sp 2 201? i'ulaiors Homework: Week 6 Homework Score: 0 of3 pts E22-25 (bookfstatic) 1 10 aria (14 complete) v F HW Score: T4,31%' 18,58 of25 pts 3; Question Help Trevor Inc. rnanu'tactures modei airpiane kits and projects production at 500 570: 300 and 450 kits forthe next fourquarters Direct materiais are 510 perkit Indirect materials are considered insignificant and are not inciuded in the budgeting process. Beginning Raw Materiais Inventory is 5200 and the company desires to end each quarterwith 30% oi the materials needed forthe nmct quartei's production Trevor desires a baiance of $200 in Raw Materials Inventory at the end oi the iourth quarter Each kit requires 0 75 hours oi direct labor at an average cost of $25 perhour Manufacturing overhead is allocated using direct laborhours as the aiiocatiori base Variabie overhead is $0.75 perkit and iixed overhead is $160 per quarter. Prepare Trevor's direct materials budget direct labor budget and manufacturing overhead budget for the year Round the direct iabor hours needed ior production budgeted overhead costs and predetermined overhead allocation rate to two decimal piaces Round other amounts to the nearest whole number Begin by preparing Trevor's direct materiais budget Trevor. Inc. Direct Materials Budget For the Year Ended Dooanber ZI1 First Second Third Fourth Quarter Quarter Quarter Quarter Total Direct materials cost per unit Direct materials needed for production Plus: Totai direct materials needed Less: Budgeted purchases oi direct matenais Choose from any list or enter any number in the input fields and then click Check Answer, pans 2 remaining _ ClearAil