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Shadee Corp. expects to sell 600 sun visors in May and 430 in June. Each visor sells for $22. Shadee's beginning and ending finished goods inventories for May are 85 and 50 units, respectively. Ending finished goods inventory for June will be 50 units 6 E8-6 (Algo) Preparing Direct Materials Purchases and Manufacturing Overhead Budgets [LO 8-3c, e) 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 $2.50 each. Shadee wants to have 35 closures on hand on May 1, 20 closures on May 31, and 28 closures on June 30 Additionally, Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $2.00 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. cos 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 Required Information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 600 sun visors in May and 430 in June. Each visor sells for $22. Shadee's beginning and ending finished goods inventories for May are 85 and 50 units, respectively. Ending finished goods inventory for June will be 50 units. E8-7 (Algo) Preparing Direct Labor Budget [LO 8-3d] Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $11 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Direct Labor Cont E8-11 (Algo) Calculating Cash Receipts [LO 8-4) Shadee Corp. expects to sell 650 sun visors in May and 340 in June. Each visor sells for $18. Shadee's beginning and ending finished goods Inventories for May are 60 and 60 units, respectively. Ending finished goods inventory for June will be 55 units. It expects the following unit sales for the third quarter: July August September 515 450 470 Sixty percent of Shadee's sales are cash. Of the credit sales, 54 percent is collected in the month of the sole, 38 percent is collected during the following month, and 8 percent is never collected. Required: Calculate Shadee's total cash receipts for August and September. (Do not round your Intermediate calculations. Round your answers to the nearest whole dollar.) August September Total Cash Receipts