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Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventorles for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units. 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 $1.50 each. Shadee wants to have 30 closures on hand on May 1, 20 closures on May 31. and 25 closures on June 30 and variable manufacturing overhead is $1.25 per unit produced. Suppose thateach visor takes 0.30 direct labor hours to produce and Shadee pays its workers $9 per hour. Additional information: - Selling costs are expected to be 6 percent of sales. - Fixed administrative expenses per month total $1,200 Required: Complete Shadee's budgeted income statement for the months of May and June. (Note. Assume that fixed overhead per unit is $2 ) (Do not round your intermediate calculations.) Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $2 ) (Do not round your intermediate calculations.)