please help

Required information {The following information applies to the questions displayed below.) Shadee Corp. expects to sell 530 sun visors in May and 370 in June. Each visor sells for $27. Shadee's beginning and ending finished goods inventories for May are 65 and 40 units, respectively Ending finished goods inventory for June will be 65 units Each visor requires a total of $5,50 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 35 closures on hand on May 1, 17 closures on May 31, and 26 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.7 direct labor hours to produce and Shadee pays its workers $8 per hour Additional Information: Selling costs are expected to be 10 percent of sales. Fixed administrative expenses per month total $1,300 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.) 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