Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.) Shadee Corp, expects to sell 610 sun visors in May and 440 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 65 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 $8 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 Each visor requires a total of $5.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 26 closures on hand on May 1, 15 closures on May 31, and 28 closures on June 30 and variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.46 direct labor hours to produce and Shadee pays its workers $8 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $5.) 2. Compute the Shadee's budgeted cost of goods sold for May and June. 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 June Budgeted Cost of Goods Sold