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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 29 closures on hand on May 1, 22 closures on May 31, and 22 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $800 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 Required Information SB Exercise E8-5 to E8-10 2. Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) [The following information applies to the questions displayed below.] May June Budgeted Manufacturing Overhead Shadee Corp. expects to sell 620 sun visors in May and 360 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 60 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. E8-7 Preparing Direct Labor Budget [LO 8-3d] Required Information X Suppose that each visor takes 0.50 direct labor hours to produce and Shadee pays its workers $6 per hour. SB Exercise E8-5 to E8-10 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 June [The following information applies to the questions displayed below.] Budgeted Direct Labor Cost Shadee Corp. expects to sell 620 sun visors in May and 360 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 60 and 45 units, respectively. Ending finished goods inventory for June will be 60 units
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