Check my work Required information The following information applies to the questions displayed below on 5 of 6 Shadee Corp expects to sell 550 sun visors in May and 330 in June. Each visor sells for $27. Shadee's beginning and ending finished goods inventories for May are 80 and 50 units, respectively Ending finished goods inventory for June will be 50 units Each visor requires a total of $5.50 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 32 closures on hand on May 1, 16 closures on May 31, and 27 closures on June 30 Additionally, Shadee's fixed manufacturing overhead is $1,500 per month, and variable manufacturing overhead is $2.25 per unit produced. Each visor takes 0 40 direct labor hours to produce and Shadee pays its workers $10 per hour Additional information: . Selling costs are expected to be 7 percent of sales . Fixed administrative expenses per month total $1,200. 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.)