E$8-9($Algo$)$ Preparing Selling and Administrative Expense Budget $[$LO $8-3$g$]$

Each shade requires a total of $$50\mathrm{.}00$ in direct materlals that includes $4$ adjustable poles that cost $$5\mathrm{.}00$ each. Shadee expects to

have $120$ in direct materials inventory on May $1,100$ poles in inventory on May $31,$ and $120$ poles in Inventory on June $30.$

Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $$13$ per hour. Additionally, Shadee's

fixed manufacturing overhead is $$9,000$ per month, and varlable manufacturing overhead is $$15$ per unit produced.

Additional information:

Selling costs are expected to be $6$ percent of sales.

Fixed administrative expenses per month total $$1,600.$

Required:

Prepare Shadee's selling and administrative expense budget for May and June.

Note: Do not round your Intermedlate calculatlons. Round your answers to $2$ declmal places.

Answer is complete but not entirely correct.