Check my work [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 520 sun visors in May and 400 in June. Each visor sells for $23. Shadee's beginning and ending finished goods Inventories for May are 80 and 45 units, respectively, Ending finished goods inventory for June will be 60 units. Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.50 each. Shadee wants to have 32 closures on hand on May 1, 17 closures on May 31, and 21 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,000 per month and variable manufacturing overhead is $2.75 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) May June Budgeted Cost of Closures Purchased 2. Determine Shadee's budget manufacturing overhead for May and June (Do not round your intermediate values, Round your answers to 2 decimal places.) May Jone Budgeted Manufacturing Overhead Next > Required information (The following information applies to the questions displayed below.) Shadee Corp, expects to sell 520 sun visors in May and 400 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 80 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $10 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May Juno Budgeted Direct Labor Cost Shadee Corp. expects to sell 520 sun visors in May and 400 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 80 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.50 each. Shadee wants to have 32 closures on hand on May 1, 17 closures on May 31, and 21 closures on June 30 and variable manufacturing overhead is $2.75 per unit produced. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $10 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $180.) (Roud your answer to 2 decimal places.) Manufacturing Cont per Unit 2. Compute the Shadee's budgeted cost of goods sold for May and June. (Do not round your intermediate values. Use rounded cost per unit in intermediate calculations.) May Juno Budgeted Cost of Goods Sold [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 520 sun visors in May and 400 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 80 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.50 each. Shadee wants to have 32 closures on hand on May 1, 17 closures on May 31, and 21 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $2.75 per unit produced. Each visor takes 0.60 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 $1,300 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.) May June Budgeted Selling and Administrative Expenses
