Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer both O Required information [The following information applies to the questions displayed below) Shadee Corp, expects to sell 620 sun visors In May
please answer both
O Required information [The following information applies to the questions displayed below) Shadee Corp, expects to sell 620 sun visors In May and 380 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventorles for May are 85 and 45 units, respectively, Ending finished goods inventory for June will be 65 units Each visor requires a total of $400 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 35 closures on hand on May 1, 19 closures on May 31 and 20 closures on June 30, Additionally, Shadee's fixed manufacturing overhead is $1.200 per month, and variable manufacturing overhead is $2.25 per unit produced Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June 2. Determine Shadee's budget manufacturing overhead for May and June TV Complete this question by entering your answers in the tabs below. Peguired 1 Required 2 Determine Shadee's budgeted cost of closures purchased for May and June (Round your answers to 2 decimal places.) May June Budpud Cost of Clovires Purchased Required 2 > Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 620 sun visors in May and 380 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 85 and 45 units, respectively, Ending finished goods inventory for June will be 65 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 $150 each. Shadee wants to have 35 closures on hand on May 1, 19 closures on May 31, and 20 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1.200 per month, and variable manufacturing overhead is $2.25 per unit produced Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 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 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started