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Required information SB Exercise E8-5 to E8-10 The following information applies to the questions displayed below.) Shadee Corp. expects to sell 630 sun visors in
Required information SB Exercise E8-5 to E8-10 The following information applies to the questions displayed below.) Shadee Corp. expects to sell 630 sun visors in May and 310 in June. Each visor sells for $14. Shadee's beginning and ending finished goods inventorles for May are 70 and 55 units, respectively, Ending finished goods inventory for June will be 65 units. E8-6 (Algo) Preparing Direct Materials Purchases and Manufacturing Overhead Budgets [LO 8-3c, e) Each visor requires a total of $1.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $200 each. Shadee wants to have 25 closures on hand on May 1, 15 closures on May 31, and 28 closures on June 30 Additionally, Shadee's fixed manufacturing overhead is $1,300 per month, and variable manufacturing overhead is $1.25 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. 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 B Required 2 > 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
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