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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
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 $2.00 each. Shadee wants to have 32 closures on hand on May 1, 19 closures on May 31, and 20 closures on June 30 and variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.50 direct labor hours to produce and Shadee pays its workers $8 per hour.
12. Required information 0.50 points 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 $2.00 each. Shadee wants to have 32 closures on hand on May 1, 19 closures on May 31, and 20 closures on June 30 and variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.50 direct labor hours to produce and Shadee pays its workers $8 per hour. Required: 1. Determine Shadee's budgeted manutacturing cost per visor. (Note: Assume that tixed overhead per unit is $1.90.) (Round your answer to 2 declmal places.) Cost per Uriit 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 June Budgeted Cost ot Goods 5old Required Information LT he tollowing intomation applies to the questions displayed helo Shadce Corp. cxpects to scll 560 sun visors in May and 350 in June. Each visor sclis for $20. Shadee's beginning and ending finlshed goods Inventorles for May are 85 and 55 units, respectively. Enig finished gouds inventory for June will be 70 units. Hint#1Step by Step Solution
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