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Preston. Inc manufactures model aiplane kits. Direct materials are five ounces of plastic per kit...

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Accounting

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Preston. Inc manufactures model aiplane kits. Direct materials are five ounces of plastic per kit and the plastic costs $3 per ounce. Indirect materials are considered insigrificant and are not included in the budgeting process Each kit requeres 025 hours of direct labor at an average cost of 550 per hour Manulacturing overhead is allocated using direct labor hours as the allocaton base The company has prepared the following budgots: (Cick the icen to view the budgets) Preston projects sales of 500,200,500, and 700kits for the noxt four quaters Pveston has no kis in beginning inventory Determine the cost per kit to manufachure the model aurplane kits. Prepare a cost af goods sold budget for the year Round amounts to too decimal places Determine the cost per kis to manulacture the model anplane kits (Round your answer to two decimal pleces $ ) Reference Reference Reference Reference

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