Required information [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 570 sun shades in May and 370 in June. Each shade sells for \$151. Shadee's beginning and ending finished goods inventorles for May ore 65 and 50 shades, respectively. Ending finished goods inventory for June will be 60 shades. Each shade requires o total of $55.00 in direct materials that includes 4 odjustable poles that cost $5.00 each. Shadee expects to have 120 in direct materials inventory on Moy 1,80 poles in inventory on May 31 , and 110 poles in inventory on Jure 30. Suppose that each shade tokes three direct labor hour to produce and Shadee pays its workers $13 per hout. Additionally, Shadee's fixed manufocturing overheod is $10,000 per month, and vailable manufacturing overhead is $13 per unit produced. Additional information - Selling costs are expected to be 9 percent of soles. - Fixed odministrative expenses per month total $1,500 Required: Prepore Shadee s budgeted income stotement for the months of Moy and June. Note: Do not round your intermediote colculationg. Round your onswers to 2 decimol places. - rixea dummistrative experises per monin tutai si,5vu. Required: Prepare Shadee's budgeted income statement for the months of May and June. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places