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SB Exercise E$8-5$ to E$8-10$

$[$The following information applies to the questions displayed below.$]$

Shadee Corporation expects to sell $640$ sun shades in May and $390$ in June. Each shade sells for $$155.$ Shadee's beginning and ending finished goods inventories for May are $75$ and $55$ shades, respectively. Ending finished goods inventory for June will be $70$ shades.

E$8-8($Algo$)$ Preparing Cost of Goods Sold Budget $[$LO $8-3$f$]$

Each shade requires a total of $$60\mathrm{.}00$ in direct materials that includes $4$ adjustable poles that cost $$10\mathrm{.}00$ each. Shadee expects to have $130$ in direct materials inventory on May $1,100$ poles in inventory on May $31,$ and $120$ poles in inventory on June $30.$

Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $$13$ per hour. Additionslly, Shadee's fixed manufacturing overhead is $$9,000$ per month, and variable manufacturing overhead is $$12$ per unit produced.

Use the information and solutions presented to complete the requirements.

Required:

Determine Shadee's budgeted manufacturing cost per shade. $($Note: Assume that fixed overhead per unit is $$16.)$

Prepare Shadee's budgeted cost of goods sold for May and June.

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