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Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 550 sun visors in May and 330 in June.

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Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 550 sun visors in May and 330 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 65 and 45 units, respectively. Ending finished goods Inventory for June will be 50 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 $2.00 each. Shadee wants to have 28 closures on hand on May 1, 20 closures on May 31, and 26 closures on June 30, Additionally, Shadee's fixed manufacturing overhead is $700 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.) May June Budonted 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

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