Required information (The following information applies to the questions displayed below.) Shadee Corp. expects to sell 510 sun visors in May and 430 in June. Each visor sells for $25. Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 65 units. Each visor requires a total of $4.50 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 26 closures on hand on May 1, 16 closures on May 31, and 25 closures on June 30 and variable manufacturing overhead is $1.75 per unit produced. Suppose that each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $12 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $6.) 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 $6.) (Round your answer to 2 decimal places.) Manufacturing Cost per Unit Required 1 Required 2 > Shadee Corp. expects to sell 510 sun visors in May and 430 in June. Each visor sells for $25. Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 65 units. Each visor requires a total of $4.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 ach. Shadee wants to have 26 closures on hand on May 1, 16 closures on May 31, and 25 closures on June 30. Additionally, Shade's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $1.75 per unit produced. Each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $12 per hour. Additional information: . Selling costs are expected to be 12 percent of sales. Fixed administrative expenses per month total $1,300. 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.) May June Budgeted Selling and Administrative Expenses [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 510 sun visors in May and 430 in June. Each visor sells for $25. Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 65 units. Each visor requires a total of $4.50 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 26 closures on hand on May 1, 16 closures on May 31, and 25 closures on June 30 and variable manufacturing overhead is $1.75 per unit produced. Suppose that each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $12 per hour. Additional information: Selling costs are expected to be 12 percent of sales. Fixed administrative expenses per month total $1,300. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $6.00.) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE CORP. Budgeted Income Statement May June Budgeted Gross Margin Budgeted Net Operating Income