O Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 510 sun visors in May and 360 in June. Each visor sells for $25. Shadee's beginning and ending finished goods Inventories for May are 80 and 40 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 $2.50 each. Shadee wants to have 27 closures on hand on May 1, 18 closures on May 31, and 20 closures on June 30 and variable manufacturing overhead is $2.50 per unit produced. Suppose that each visor takes 0.66 direct labor hours to produce and Shadee pays its workers $7 per hour Required: 1. Determine Shadee's budgeted manufacturing cost per visor (Note: Assume that fixed overhead per unit is $5.) 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 $5.) (Round your answer to 2 decimal places) Manufacturing Cost per Unit Required information [The following information applies to the questions displayed below) Shadee Corp. expects to sell 510 sun visors in May and 360 in June. Each visor sells for $25. Shadee's beginning and ending finished goods inventories for May are 80 and 40 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 $2.50 each. Shadee wants to have 27 closures on hand on May 1, 18 closures on May 31, and 20 closures on June 30 Additionally, Shadee's fixed manufacturing overhead is $900 per month, and variable manufacturing overhead is $2.50 per unit produced. Each visor takes 0.60 direct tobor hours to produce and Shadee pays its workers $7 per hour Additional information: Selling costs are expected to be 12 percent of sales Fixed administrative expenses per month total $1,600. 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.) May June Buranted Sating and Administration Expenses 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 $250 each. Shadee wants to have 27 closures on hand on May 1, 18 closures on May 31, and 20 closures on June 30 and variable manufacturing overhead is $2.50 per unit produced. Suppose that each visor takes 0,60 direct labor hours to produce and Shadee pays its workers $7 per hour. Additional information Selling costs are expected to be 12 percent of sales. Fixed administrative expenses per month total $1,600 Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $5.00.) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE CORP Budgeted income Statement May June Budgeted Gross Margin Budgeted Net Operating Income