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5 Part 5 or Required information SB Exercise E8-5 to E8-10 The following information apples to the questions displayed below) Shadee Corp, expects to sell
5 Part 5 or Required information SB Exercise E8-5 to E8-10 The following information apples to the questions displayed below) Shadee Corp, expects to sell 640 sun visors in May and 310 in June. Each visor sells for $26. Shadee's beginning and ending finished goods inventories for May are 75 and 55 units, respectively. Ending finished goods inventory for June will be 65 units 1 DO Book E8-9 (Algo) Preparing Selling and Administrative Expense Budget [LO 8-39] HE P 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 $200 each Shadee wants to have 34 closures on hand on May 1, 23 closures on May 31, and 24 closures on June 30 Additionally, Shadee's fixed manufacturing overhead is $1,100 per month, and variable manufacturing overhead is $225 per unit produced. Each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $7 per hout Additional information Selling costs are expected to be 8 percent of sales . Fixed administrative expenses per month total $1,500 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.) May June Budgeted Saling and Administrative Expenses
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