Required information [The following information applies to the questions displayed below] Shadee Corporation expects to sell 520 sun shades in May and 370 in June. Each shade sells for $150. Shadee's beginning and ending finished goods inventories for May are 75 and 40 shades, respectively. Ending finished goods inventory for June will be 50 shades: Each shade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects t have 130 in direct materials inventory on May 1,100 poles in inventory on May 31 , and 110 poles in inventory on June 30 Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $12 per hour. Additionaly. Shade fixed manufacturing overhead is $10,000 per month, and variabie manufacturing overhead is $10 per unit produced. Additional information: - Seving costs are expected to be 10 percent of saies. - Fived aciministrative expenses per month total \$1.500 Required: Prepare Sichades's budgeted income statement for the montins of Moy and June. Note: Do not round your intermediate calculationt. Round your onswers to 2 decimal pleces