1 Complete the following table: (Enter all values as positive values.) 0.8 points Production Beginning Inventory 75 100 625 840 NUMBER OF UNITS Ending Sales Inventory 600 150 90 710 1,250 145 210 775 260 eBook 90 ce Hint 925 675 190 815 Print References O Required information (The following information applies to the questions displayed below) Shadee Corp. expects to sell 580 sun visors in May and 310 in June. Each visor sells for $27. Shadee's beginning and ending finished goods inventories for May are 90 and 60 units, respectively, Ending finished goods inventory for June will be 65 units Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 34 closures on hand on May 1, 21 closures on May 31, and 22 closures on June 30 and varlable manufacturing overhead is $2.50 per unit produced. Suppose that each visor takes 0,80 direct labor hours to produce and Shadee pays its workers $8 per hour. Additional information: Selling costs are expected to be 9 percent of sales Fixed administrative expenses per month total $1,600. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $4.00.) (Do not round your intermediate calculations, Round your answers to 2 decimal places.) SHADEE CORP Budgeted Income Statement May June Budgeted Gross Margin Budgeted Not Operating income ! Required information [The following information applies to the questions displayed below) Shadee Corp. expects to sell 580 sun visors in May and 310 in June. Each visor sells for $27. Shadee's beginning and ending finished goods inventories for May are 90 and 60 units, respectively. Ending finished goods Inventory for June will be 65 units. Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each Shadee wants to have 34 closures on hand on May 1, 21 closures on May 31, and 22 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $900 per month, and variable manufacturing overhead is $2.50 per unit produced. Each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $8 per hour. Additional information: Selling costs are expected to be 9 percent of sales Fixed administrative expenses per month total $1,600. Required: Determine Shadee's budgeted selling and administrative expenses for May and June (Do not round your intermediate calculations. Round your answers to 2 decimal places.) May Jung Budgeted Seling and Administrative Expenses