Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 530 sun visors in May and 400 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 65 and 40 units, respectively. Ending finished goods inventory for June will be 60 units. E8-7 (Algo) Preparing Direct Labor Budget (LO 8-3d] Suppose that each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $7 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 Cost Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 530 sun visors in May and 400 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 65 and 40 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 $4.50 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 31 closures on hand on May 1, 22 closures on May 31, and 21 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $900 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. 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