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 380 in June. Each visor sells for $16. Shadee's beginning and ending finished goods inventories for May are 85 and 45 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 $4.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 27 closures on hand on May 1, 17 closures on May 31, and 26 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,300 per month, and variable manufacturing overhead is $1.00 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. Answer is complete but not entirely correct. 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.) June May $ 2.640.00 Budgeted Cost of Closures Purchased $ 1,813.50