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Required 1: Manufacturing Cost per Unit Required 2: Budgeted Cost of Goods Sold for May and June Step by step pls! Shadee Corporation expects to
Required 1: Manufacturing Cost per Unit
Required 2: Budgeted Cost of Goods Sold for May and June
Step by step pls!
Shadee Corporation expects to sell 630 sun shades in May and 380 in June. Each shade sells for $148. Shadee's beginning and ending finished goods inventories for May are 65 and 55 shades, respectively. Ending finished goods inventory for June will be 65 shades. Each shade requires a total of $50.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee exp nave 130 in direct materials inventory on May 1, 100 poles in inventory on May 31, and 110 poles in inventory on June 30. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $14 per hour. Additionally, S ixed manufacturing overhead is $11,000 per month, and variable manufacturing overhead is $12 per unit produced. Jse the information and solutions presented to complete the requirements. Required: 1. Determine Shadee's budgeted manufacturing cost per shade. (Note: Assume that fixed overhead per unit is $18. ) 2. Prepare Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $18. ) Note: Round your answer to 2 decimal placesStep by Step Solution
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