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Required information [The following information applies to the questions displayed below Shadee Corp. expects to sell 640 sun visors in May and 350 in June

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Required information [The following information applies to the questions displayed below Shadee Corp. expects to sell 640 sun visors in May and 350 in June Each visor sells for $20.Shadee's beginning and ending finished goods inventories for May are 75 and 50 units, respectively Ending finished goods inventory for June will be 65 units Each visor requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $150 each. Shadee wants to have 26 closures on hand on May 1, 16 closures on May 31, and 25 closures on June 30, Additionally, Shadee's fixed manufacturing overhead is $1.600 per month and variable manufacturing overhead is $2.00 per unit produced Each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $7 per hour Additional information Selling costs are expected to be 8 percent of sales Fixed administrative expenses per month total $1,400 Required: Determine shadee's budgeted selling and administrative expenses for May and June. (Do not round your intermediate calculations Round your answers to 2 decimal places) Mey Budgeted Saling and Administrative Expenses

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