E8-6 Preparing Raw Materials Purchases and Manufacturing Overhead Budgets (LO 8-3c, e] Each visor requires a total of $4.50 in direct materials that includes an adjustable sosure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 31 closures on hand on May 1. 18 closures on May 31, and 26 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,300 per month, and variable manufacturing Overhead is $2.25 per unit produced Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June (Hound your answers to 2 decimal places) May June Budgeted cost of closures Purchased 2. Determine Shadoe's budget manufacturing overhead for May and June (Do not round your intermediate values. Round your answers to 2 decimal places) May June Budgeted Manufacturing Overhead SB Exercise E8-5 to E8-10 The following information applies to the questions displayed below! Shadee Corp. expects to sell 550 sun visors in May and 440 in June. Each visor sells for $22. Shadee's beginning and ending finished goods inventories for Mayor 85 and 50 unts, respectively. Ending finished goods inventory for June will be $5 units References Section Break SB Exercises to E8-10