3.00 point Required information E8-8 Preparing Cost of Goods Sold Budget LO 8-3 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 35 closures on hand on May 1,23 closures on May 31, and 22 closures on June 30 and variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $10 per hour Required: 1. Determine Shadee's budgeted manufacturing cost per visor (Note: Assume that txed overthead per unit is $1.50.) (Round your answer to 2 decimal places.) 2. Compute the Shadee's budgeted cost of goods sold for May and June. (Do not round your intermediate values. Use rounded cost per unit in intermediate calculations.) Budgeted Cost of Goods Sold