! Required information [The following information applies to the questions displayed below) Shadee Corp, expects to sell 580 sun visors in May and 370 in June. Each visor sells for $19. Shadee's beginning and ending finished goods inventories for May are 60 and 45 units, respectively. Ending finished goods inventory for June will be 65 units. 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 $2.50 each. Shadee wants to have 25 closures on hand on May 1, 21 closures on May 31, and 23 closures on June 30 Additionally, Shadee's fixed manufacturing overhead is $1100 per month, and variable manufacturing overhead is $150 per unit produced Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. May June Budgeted Cost of Closures $ 920.00 $ 0.00 Purchased 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 $2.50 each. Shadee wants to have 25 closures on hand on May 1, 21 closures on May 31, and 23 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,100 per month, and variable manufacturing overhead is $1.50 per unit produced Required: 1. 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 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 Mart