! Required Information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 560 sun visors in May and 430 in June. Each visor sells for $28. Shadee's beginning and ending finished goods Inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units. 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 29 closures on hand on May 1, 21 closures on May 31, and 20 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,600 per month, and variable manufacturing overhead is $1.50 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 Required Required 2 > CH Required Information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 560 sun visors In May and 430 In June. Each visor sells for $28. Shadee's beginning and ending finished goods inventories for May are 75 and 50 units, respectively, Ending finished goods inventory for June will be 60 units. 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 29 closures on hand on May 1, 21 closures on May 31, and 20 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,600 per month, and variable manufacturing overhead is $1.50 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. 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 560 sun visors in May and 430 in June. Each visor sells for $28. Shadee's beginning and ending finished goods Inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units. E8-8 (Algo) Preparing Cost of Goods Sold Budget (LO 8-3f) 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 29 closures on hand on May 1, 21 closures on May 31, and 20 closures on June 30 and varlable manufacturing overhead is $150 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $10 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $6.) 2. Compute the Shadee's budgeted cost of goods sold for May and June. 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the Shadee's budgeted cost of goods sold for May and June. (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) May Juno Budgeled Cost of Goods Sold Required 1 Renuired Required Information SB Exercise E8-5 to E8-10 The following information applies to the questions displayed below.) Shadee Corp. expects to sell 560 sun visors in May and 430 in June. Each visor sells for $28. Shadee's beginning and ending finished goods Inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units. E8-9 (Algo) Preparing Selling and Administrative Expense Budget (LO 8-39) 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 29 closures on hand on May 1, 21 closures on May 31, and 20 closures on June 30, Additionally, Shadee's fixed manufacturing overhead is $1,600 per month, and variable manufacturing overhead is $1.50 per unit produced. Each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $10 per hour. Additional Information: Selling costs are expected to be 8 percent of sales. Fixed administrative expenses per month total $1,200. Required: Determine Shadee's budgeted sellng 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 Expenses
