a

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Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 540 sun visors in May and 430 in June. Each visor sells for \$21. Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. 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 25 closures on hand on May 1, 16 closures on May 31, and 22 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $8 per hour. Additional information: - Selling costs are expected to be 10 percent of sales. - Fixed administrative expenses per month total $1,100. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $3.00.) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 540 sun visors in May and 430 in June. Each visor sells for \$21. Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. 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 25 closures on hand on May 1, 16 closures on May 31 , and 22 closures on June 30 . Additionally, Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $2.00 per unit produced. Each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $8 per hour. Additional information: - Selling costs are expected to be 10 percent of sales. - Fixed administrative expenses per month total $1,100. 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.) Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 540 sun visors in May and 430 in June. Each visor sells for \$21. Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. 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 25 closures on hand on May 1, 16 closures on May 31, and 22 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $8 per hour. Additional information: - Selling costs are expected to be 10 percent of sales. - Fixed administrative expenses per month total $1,100. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $3.00.) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 540 sun visors in May and 430 in June. Each visor sells for \$21. Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. 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 25 closures on hand on May 1, 16 closures on May 31 , and 22 closures on June 30 . Additionally, Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $2.00 per unit produced. Each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $8 per hour. Additional information: - Selling costs are expected to be 10 percent of sales. - Fixed administrative expenses per month total $1,100. 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.)