managerial accounting

Shadee Corp. expects to sell 590 sun visors in May and 370 in June. Each visor sells for $27. 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 $4.50 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 25 closures on hand on May 1, 22 closure on May 31, and 24 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $2.00 per unit produced. Each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $8 per hour. Additional information: - Selling costs are expected to be 12 percent of sales. - Fixed administrative expenses per month total $1,400. Required: Determine Shadee's budgeted selling and administrative expenses for May and June. (Do not round your intermediate calculations. Round your answers to 2 decimal places.)