10 Required information {The foiiowing information appiies to the questions dispiayed bellow] \"'1 5 \"5 Shadee Corp. expects to sell 530 sun visors in May and 360 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 65 units. 4.16 polnts Each visor requires a total of $5.00 in direct materials that includes an adjustable closure thatthe company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 28 closures on hand on May1,19 closures on May 31, and 28 closures on June 30 and @ variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.10 direct labor hours to produce and Hint Shadee pays its workers $6 per hour. Additional information: - Selling costs are expected to be 6 percent of sales. - Fixed administrative expenses per month total $1,200. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $8.00.) [Do not round your intermediate calculations. Round your answers to 2 decimal places.) Budgeted Net Operating Income 18 4.16 polnts Ceder Company has compiled the following data for the upcoming year: - Sales are expected to be 13,000 units at $55.00 each. - Each unit requires 4 pounds of direct materials at $3.30 per pound. - Each unit requires 1.5 hours of direct labor at $16.00 per hour. - Manufacturing overhead is $4.30 per unit. - Beginning direct materials inventory is $4,800.00. - Ending direct materials inventory is $6,050.00. - Selling and administrative costs totaled $131820. Required: 1. Determine Ceder's budgeted cost of goods sold. 2. Complete Ceder's budgeted income statement Complete this question by entering your answers in the labs below. Required 1 Required 2 Determine Ceder's budgeted cost of goods sold. (Do not round the intermediate values.) Required 2 ) Pa20f6 4.16 points Him Required information [The fofiowing information appiies to the questions dispiayed before] Shadee Corp. expects to sell 530 sun visors in May and 360 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are 70 and 45 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 thatthe company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 28 closures on hand on May 1, 19 closures on May 31, and 28 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $2.25 per unit produced. Req u ired: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 1 Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the labs below. J Required 1 Required 2 Determine Shadee's budgeted east of closures purchased for May and June. (Round your answers to 2 decimal places.) Budgeted Cost of Closures Purchased | l | Required 2 ) 7 Required information Part 3 of 6 [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 530 sun visors in May and 360 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will 4.16 be 65 units. points Suppose that each visor takes 0.10 direct labor hours to produce and Shadee pays its workers $6 per hour. Hint Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Direct Labor CostRequired informatio n Pan 4 of 6 [The foiiowing information appiies to the questions dispiayed bellow} Shadee Corp. expects to sell 530 sun visors in May and 360 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are ?0 and 45 units, respectively. Ending finished goods inventory for June will 1.16 . mm be 65 unrts. @ Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier Him at a cost of $2.00 each. Shadee wants to have 28 closures on hand on May1,19 closures on May 31, and 28 closures on June 30 and variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.10 direct labor hours to produce and Shadee pays its workers $6 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that xed overhead per unit is $8.] 9. Compute the Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the labs below. Required 1 Required 2 Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that xed overhead per unit is $8.) (Round your answer to 2 decimal places.) Required 2 ) PanSof6 4.16 oolnts H'Int Required information [The foiiowing information appiies to the questions displayed beiovmT Shadee Corp. expects to sell 530 sun visors in May and 360 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are 7'0 and 45 units, respectively. Ending finished goods inventoryfor Junewill be 65 units. Each visor requires a total of $5.00 in direct materials that includes an adjustable closure thatthe company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 28 closures on hand on May1,19 closures on May 31, and 28 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $2.25 per unit produced. Each visor takes 0.10 direct labor hours to produce and Shadee pays its workers $6 per hour. Additional information: - Selling costs are expected to be 6 percent of sales. - Fixed administrative expenses per month total $1,200. 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} Budgeted Selling and Administrative Expenses l l l