Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help 6 part question 8 O Part 1 of 6 Required information (The following information applies to the questions displayed below) Shadee Corp. expects

Please help 6 part question
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
8 O Part 1 of 6 Required information (The following information applies to the questions displayed below) Shadee Corp. expects to sell 540 sun visors in May and 380 in June. Each visor sells for $28. Shadee's beginning and ending finished goods inventories for May are 65 and 60 units, respectively. Ending finished goods inventory for June will be 65 units. 34 Dints Skipped Required: 1. Determine Shadee's budgeted total sales for May and June. 2. Determine Shadee's budgeted production in units for May and June. eBook Complete this question by entering your answers in the tabs below. Hint Required Required 2 Print Determine Shadee's budgeted total sales for May and June. May June References Budgeted Total Sales K Requindi Required 2 > 8 rt 1 of 6 Required information The following information applies to the questions displayed below) Shadee Corp. expects to sell 540 sun visors in May and 380 in June. Each visor sells for $28. Shadee's beginning and ending finished goods inventories for May are 65 and 60 units, respectively. Ending finished goods inventory for June will be 65 units. 4 ats Skipped Required: 1. Determine Shadee's budgeted total sales for May and June. 2. Determine Shadee's budgeted production in units for May and June. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Print Determine Shadee's budgeted production in units for May and June. May June Ferences Budgeted Production (Units) 9 rt 2 of 6 Required information The following information applies to the questions displayed below.) Shadee Corp. expects to sell 540 sun visors in May and 380 in June. Each visor sells for $28. Shadee's beginning and ending finished goods inventories for May are 65 and 60 units, respectively. Ending finished goods inventory for June will be 65 units. ats eBook Each visor requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a suppli at a cost of $1.50 each. Shadee wants to have 29 closures on hand on May 1, 19 closures on May 31, and 23 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $2.75 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. Hint Print Complete this question by entering your answers in the tabs below. Herences 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 Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 540 sun visors in May and 380 in June. Each visor sells for $28. Shadee's beginning and ending finished goods inventories for May are 65 and 60 units, respectively. Ending finished goods inventory for June will be 65 units. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $12 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to decimal places.) May June Budgeted Direct Labor Cost Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 540 sun visors in May and 380 in June. Each visor sells for $28. Shadee's beginning and ending finished goods inventories for May are 65 and 60 units, respectively, Ending finished goods inventory for June will be 65 units. Each visor requires a total of $3.50 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 29 closures on hand on May 1, 19 closures on May 31, and 23 closures on June 30 and variable manufacturing overhead is $2.75 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $12 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $3.) 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 $3.) (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 540 sun visors in May and 380 in June. Each visor sells for $28. Shadee's beginning and ending finished goods inventories for May are 65 and 60 units, respectively, Ending finished goods inventory for June will be 65 units. Each visor requires a total of $3.50 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 29 closures on hand on May 1, 19 closures on May 31, and 23 closures on June 30 and variable manufacturing overhead is $2.75 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $12 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $3.) 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 Requirds 2 Compute the Shadee's budgeted cost of goods sold for May and June. (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) May June Budgeted Cost of Goods Sold

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management Accounting And Control

Authors: Don R. Hansen, Maryanne Mowen

2nd Edition

0538864451, 978-0538864459

More Books

Students also viewed these Accounting questions