Question
A corporation expects to sell 590 sun shades in May and 380 in June. Each shade sells for $161. Shadees beginning and ending finished goods
A corporation expects to sell 590 sun shades in May and 380 in June. Each shade sells for $161. Shadees beginning and ending finished goods inventories for May are 65 and 45 shades, respectively. Ending finished goods inventory for June will be 55 shades.
Each shade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 120 in direct materials inventory on May 1, 100 poles in inventory on May 31, and 110 poles in inventory on June 30.
Prepare Shadees May and June purchases budget for the adjustable poles.
Budgeted Cost of closures Purchased: May ? June?
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