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The following information applies to the questions displayed below Shodee Corp expects to sell 530 sun visors in May and 300 in June Each visor sells for $22 Shadee's beginning and ending finished goods inventories for May are 65 and 45 units, respectively Ending finished goods inventory for June will be 55 units. References Section Break SB Exercise E8-5 to E8-10 velue 2.00 points Required information E8-6 Preparing Raw Materials Purchases and Manufacturing Overhead Budgets [LO 8-3c, e] 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 $2.00 each. Shadee wants to have 34 closures on hand on May 1, 15 closures on May 31, and 22 closures on June 30. Additionally Shadee's fixed manufacturing overhead is $1.000 per month, and variable manufacturing overhead is $2.50 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