I need "budgeted cost of good sold" solved please. thank you!
Required information [The following information applies to the questions displayed below] Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180, Shadee's beginning and ending finished goods inventories for May are 75 and 50 shades, respectively, Ending finished goods inventory for June will be 60 shades. ach shade requires a total of $40 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 20 poles in direct materials inventory on May 1,80 poles in inventory on May 31, and 100 poles in inventory on June 30. uppose that each shade takes three direct labor hour to produce and Shadee pays its workers $9 per hour. Additionally, Shadee's xed manufacturing overhead is $10,000 per month, and variable manufacturing overhead is $13 per unit produced. dditional information: - Selling costs are expected to be 6 percent of soles. - Fixed administrative expenses per month totai $12,000. tequired: repare Shadee's budgeted income statement for the months of May and June. lote: Do not round your intermediate calculations. Required information [The following information applies to the questions displayed below] Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180, Shadee's beginning and ending finished goods inventories for May are 75 and 50 shades, respectively, Ending finished goods inventory for June will be 60 shades. ach shade requires a total of $40 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 20 poles in direct materials inventory on May 1,80 poles in inventory on May 31, and 100 poles in inventory on June 30. uppose that each shade takes three direct labor hour to produce and Shadee pays its workers $9 per hour. Additionally, Shadee's xed manufacturing overhead is $10,000 per month, and variable manufacturing overhead is $13 per unit produced. dditional information: - Selling costs are expected to be 6 percent of soles. - Fixed administrative expenses per month totai $12,000. tequired: repare Shadee's budgeted income statement for the months of May and June. lote: Do not round your intermediate calculations