Each visor requires a total of $4.50 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 31 closures on hand on May 1, 17 closures on May 31, and 27 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $1.00 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 The following information applies to the questions displayed below. 2. Determine Shadee's budget manufacturing overhead for May and June. (Do not ro Shadee Corp. expects to sell 500 sun visors in May and 420 in June. Each visor sells for $16. Shadee's beginning and ending finished goods inventories for May are 85 and 50 units, respectively. Ending finished goods inventory for June will be 55 units. May June Budgeted Manufacturing Overhead