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Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 590 sun visors in May and 380 in June. Each visor sells for $21. Shadee's beginning and ending finished goods inventories for May are 60 and 50 units, respectively, Ending finished goods inventory for June will be 70 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 $150 each Shadee wants to have 26 closures on hand on May 1, 21 closures on May 31, and 25 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,400 per month, and variable manufacturing overhead is $275 per unit produced Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) May Budgeted Cost of Closures Purchased Required 2 June 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 $1.50 each. Shadee wants to have 26 closures on hand on May 1, 21 closures on May 31, and 25 closures on June 30 and variable manufacturing overhead is $2.75 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $11 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $3.) 2. Compute the Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted manufacturing cost per vitor. (Note: Assume that fixed overhead per unit is $3.) (Round your answer to 2 decimal places.) Manufacturing Cost per unit
