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part 2 of 6 part 1 question Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company
part 2 of 6 part 1 question
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 25 closures on hand on May 1, 17 closures on May 31, and 21 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $1.75 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) May June Budgeted Cost of Closures Purchased 2. Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Manufacturing Overhead 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 25 closures on hand on May 1, 17 closures on May 31, and 21 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $1.75 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) May June Budgeted Cost of Closures Purchased 2. Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Manufacturing OverheadStep by Step Solution
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