Shadee Corporation expects to sell $\mathrm{}600$ sun shades in May and $390$ in June. Each shade sells for $$169\mathrm{}\mathrm{}$ Shadee$’$s beginning and ending finished goods inventories for May are $60$ and $45$ shades, respectively. Ending finished goods inventory for June will be $60$ shades.

Each shade requires a total of $$60\mathrm{.}00$ in direct materials that includes $4$ adjustable poles that cost $$1\mathrm{}2.00$ each. Shadee expects to have $130$ in direct materials inventory on May $1,90$ poles in inventory on May $31,$ and $110$ poles in inventory on June $30.$

Required: ANSWER ALL PARTS

$1$: Prepare Shadee$’$s May and June purchases budget for the adjustable poles.

$2.$Prepare Shadee$’$s direct labor budget for May and June.

$3.$Prepare Shadee$’$s manufacturing overhead budget for May and June.

$4.$ Determine Shadee$’$s budgeted manufacturing cost per shade. $($Note: Assume that fixed overhead per unit is $$14.)$

$5.$Prepare Shadee$’$s budgeted cost of goods sold for May and June. $6.$ Prepare Shadee$’$s selling and administrative expense budget for May and June.

$7.$ Prepare Shadee$’$s budgeted income statement for the months of May and June $($picture inclucded for last part$)$

Answer rating: 100% (QA)

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