Check my 11 Required information Fixed administrative expenses per month total $1,400 Part 6 of 6 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.) 10 points SHADEE CORP Budgeted Income Statement Boos May June Budgeted Cost of Goods Sold Print Preference Budgeted Sales Budgeted Gross Margin Budgeted Ned Operating Income Help Save & 11 Check my w Part of Required information The following information applies to the questions displayed below! Shadee Corp, expects to sell 560 sun visors in May and 400 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are 65 and 50 units, respectively Ending finished goods inventory for June will be 60 units 10 points H Pri Each visor requires a total of $4.00 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 31 closures on hand on May 1, 23 closures on May 31 and 23 closures on June 30 and variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shades pays its workers $8 per hour Additional information: . Selling costs are expected to be 8 percent of sales. Fixed administrative expenses per month total $1,400 ces