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Help is appreciated. Thanks Required information The following information applies to the questions displayed below] Shadee Corp. expects to sell 610 sun visors in May
Help is appreciated. Thanks
Required information The following information applies to the questions displayed below] Shadee Corp. expects to sell 610 sun visors in May and 400 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 80 and 50 units, respectively. Ending finished goods inventory for June will be 65 units. 6 Each visor requires a total of $5.00 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 26 closures on hand on May 1, 18 closures on May 31, and 27 closures on June 30 and variable manufacturing overhead is $2.75 per unit produced. Suppose that each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $9 per hour, Required: 1. Determine Shadee's budgeted manufacturing cost per visor (Note: Assume that fixed overhead per unit is $4.) 2. Compute the Shadee's budgeted cost of goods sold for May and June Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $4.) (Round your answer to 2 decimal places.) Manufacturing Cost per Unit Home Required 2 > Required information {The following information applies to the questions displayed below.) Shadee Corp, expects to sell 610 sun visors in May and 400 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 80 and 50 units, respectively. Ending finished goods inventory for June will be 65 units. Each visor requires a total of $5.00 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 26 closures on hand on May 1, 18 closures on May 31, and 27 closures on June 30 and variable manufacturing overhead is $275 per unit duced. Suppose that each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: 1. Determine Shac budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $4.) 2. Compute the Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the Shadee's budgeted cost of goods sold for May and June. (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) June Budgeted Cost of Goods Sold May Step by Step Solution
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