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pls answer all Shadee Corp. expects to sell 560 sun visors in May and 410 in June. Each visor sells for $26. Shadee's beginning and
pls answer all
Shadee Corp. expects to sell 560 sun visors in May and 410 in June. Each visor sells for $26. Shadee's beginning and ending finished goods inventories for May are 80 and 60 units, respectively. Ending finished goods inventory for June will be 55 units. Each visor requires a total of $4.50 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 29 closures on hand on May 1, 19 closures on May 31, and 26 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,300 per month, and variable manufacturing overhead is $2.25 per unit produced. Each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $12 per hour. Additional information: . Selling costs are expected to be 6 percent of sales. Fixed administrative expenses per month total $1,700. Required: Determine Shadee's budgeted selling and administrative expenses for May and June. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) May June Budgeted Selling and Administrative ExpensesStep by Step Solution
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