Question
1.Shadee Corp. expects to sell 610 sun visors in May and 400 in June. Each visor sells for $24. Shadees beginning and ending finished goods
1.Shadee Corp. expects to sell 610 sun visors in May and 400 in June. Each visor sells for $24. Shadees beginning and ending finished goods inventories for May are 80 and 55 units, respectively. Ending finished goods inventory for June will be 65 units
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Determine Shadee's budgeted total sales for May and June.
Determine Shadee's budgeted production in units for May and June.
2. 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 $1.50 each. Shadee wants to have 32 closures on hand on May 1, 22 closures on May 31, and 28 closures on June 30. Additionally, Shadees fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $2.00 per unit produced.
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| Determine Shadee's budgeted cost of closures purchased for May and June.
Determine Shadee's budget manufacturing overhead for May and June.
Determine Shadee's budgeted direct labor cost for May and June | ||
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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 $1.50 each. Shadee wants to have 32 closures on hand on May 1, 22 closures on May 31, and 28 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $10 per hour. |
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Determine Shadees budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $1.90.)
Compute the Shadees budgeted cost of goods sold for May and June.
5. Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 30 closures on hand on May 1, 20 closures on May 31, and 25 closures on June 30. Additionally, Shadees fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $1.25 per unit produced. Each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $9 per hour. |
Additional information:
Selling costs are expected to be 9% of sales.
Fixed administrative expenses per month total $1,700
a.Determine Shadee's budgeted selling and admini
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