Required information SB Exercise E8-5 to E8-10 (The following information applies to the questions displayed below. Shadee Corp. expects to sell 650 sun visors in May and 440 in June. Each visor sells for $26. Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 55 units. E8-8 (Algo) Preparing Cost of Goods Sold Budget (LO 8-3f] 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 27 closures on hand on May 1, 23 closures on May 31, and 22 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.90 direct labor hours to produce and Shadee pays its workers $6 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 Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $5.) (Round your answer to 2 decimal places.) Manufacturing Cost per Unit Shadee Corp. expects to sell 650 sun visors in May and 440 in June. Each visor sells for $26. Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 55 units. E8-8 (Algo) Preparing Cost of Goods Sold Budget [LO 8-3f] 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 27 closures on hand on May 1, 23 closures on May 31, and 22 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.90 direct labor hours to produce and Shadee pays its workers $6 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