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 to have 130 in direct materiais inventory on May 1,100 poles in inventory on May 31 , and 110 poles in inventory on Jane 30 Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers \$12 per hour. Additionally, Shadee's 1ixed manufacturing overhead is $10.000 per month, and varlable manufacturing overhead is $10 per unit produced. Additional information: - Semnon costs are expected to be 10 percent of sales. - Flued acministrative expenses per month total $1,500 Required: Prepare Shodeses budgeted income statement for the montis of May and June Note: Do not round your intermediate calculations. Round your onswers to 2 decimal places