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Preston, Inc., manufactures wooden shelving units for collecting and sorting mail. The company expects to produce 320 units in July and 410 units in August. Each unit requires 12 feet of wood at a cost of $100 per foot Preston wants to always have 260 feet of wood on hand in materials inventory Compute Preston's direct materials purchases budget for July and August July August Budgeted direct materials purchases Winslow Company expects sales of its financial calculators to be $201,000 in the first quarter and $248,000 in the second quarter. Its varlable overhead is approximately 18 percent of sales, and fixed overhead costs are $49,000 per quarter. Compute Winslow's manufacturing overhead budget for the first two quarters. 1st Quarter 2nd Quarter Budgeted manufacturing overhead Required information (The following information applies to the questions displayed below.) Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods Inventory for June will be 60 units. 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 and variable manufacturing overhead is $125 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor (Note: Assume that fixed overhead per unit is $2.) 2. Determine Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $2.) (Round your answer to 2 decimal places.) Manufacturing Cost per Unit Required 2 > Required information [The following information applies to the questions displayed below) Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadee's beginning and ending finished goods Inventories for May are 75 and 50 units, respectively. Ending finished goods Inventory for June will be 60 units. 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 and variable manufacturing overhead is $1.25 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $2.) 2. Determine Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted cost of goods sold for May and June (Round your intermediate calculations to 2 decimal places. Round your final answer to the nearest whole dollar) May June Budgeted Cost of Goods Sold