1. Each visor requires a total of $4.50 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 30 closures on hand on May 1, 21 closures on May 31, and 25 closures on June 30. Additionally, Shadees fixed manufacturing overhead is $1,500 per month, and variable manufacturing overhead is $1.00 per unit produced.

Required:

1. Determine Shadee's budgeted cost of closures purchased for May and June:

2. Determine Shadee's budget manufacturing overhead for May and June

2. Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $7 per hour

Required:

Determine Shadee's budgeted direct labor cost for May and June:

3. Each visor requires a total of $4.50 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 30 closures on hand on May 1, 21 closures on May 31, and 25 closures on June 30 and variable manufacturing overhead is $1.00 per unit produced. Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $7 per hour. Required:

Determine Shadees budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $2.00).

4.

Each visor requires a total of $4.50 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 30 closures on hand on May 1, 21 closures on May 31, and 25 closures on June 30. Additionally, Shadees fixed manufacturing overhead is $1,500 per month, and variable manufacturing overhead is $1.00 per unit produced. Each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $7 per hour. Additional information:

• Selling costs are expected to be 12 percent of sales.
• Fixed administrative expenses per month total $1,600.

Required:

Determine Shadee's budgeted selling and administrative expenses for May and June: