Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below] Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180 Shadee's beginning and ending finished goods inventories for May are 75 and 50 shades, respectively Ending finished goods Inventory for June will be 60 shades E8-6 (Static) Preparing Direct Materials Purchases Budget (LO 8-3c, e] Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180. Shadee's beginning and ending finished goods inventories for May are 75 and 50 shades, respectively. Ending finished goods Inventory for June will be 60 shades Each shade requires a total of $40 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 120 poles in direct materials inventory on May 1, 80 poles in inventory on May 31, and 100 poles in inventory on June 30 Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Closures Purchased May June E8-7 (Static) Preparing Direct Labor Budget [LO 8-3d] Suppose that each shade takes three direct labor hours to produce and Shadee pays its workers $9 per hour. Additionally, Shadee's fixed manufacturing overhead is $10,000 per month, and variable manufacturing overhead is $13 per unit produced Required: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Shadee's direct labor budget for May and June. Budgeted Direct Labor Cost May June Required 1 Required 2 > 8 < Prev 5 of 7 Next > E8-7 (Static) Preparing Direct Labor Budget (LO 8-3d] Suppose that each shade takes three direct labor hours to produce and Shadee pays its workers $9 per hour. Additionally, Shadee's fixed manufacturing overhead is $10,000 per month, and variable manufacturing overhead is $13 per unit produced. Required: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June. Complete this question by entering your answers in the tabs below. Required Required 2 Prepare Shadee's manufacturing overhead budget for May and June. Budgeted Manufacturing Overhead May June