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Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 520 sun visors in May and 360 in June.

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Required information [The following information applies to the questions displayed below.) Shadee Corp. expects to sell 520 sun visors in May and 360 in June. Each visor sells for $31. Shadee's beginning and ending finished goods inventories for May are 80 and 55 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 28 closures on hand on May 1, 16 closures on May 31, and 24 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $1.25 per unit produced. Each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $12 per hour. Additional information: Selling costs are expected to be 6 percent of sales. Fixed administrative expenses per month total $1,200. 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

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