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Luther, Inc manufactures model airplane kits and projects production at 350,360,300, and 450...

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Accounting

Luther, Inc manufactures model airplane kits and projects production at 350,360,300, and 450 kits for the next four quarters
(Click the icon to view the manufacturing information ) overhead allocation rate to two decimal places. Round other amounts to the nearest whole number.
Begin by preparing Luther's direct materials budget
Direct materials (ounces) per kit
Plus: Dest materials needed for production
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
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