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Required Information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 540 sun visors in May and 370 in
Required Information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 540 sun visors in May and 370 in June. Each visor sells for $30. Shadee's beginning and ending finished goods inventories for May are 65 and 45 units, respectively. Ending finished goods Inventory for June will be 55 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 $1.50 each. Shadee wants to have 33 closures on hand on May 1, 19 closures on May 31, and 23 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $900 per month, and variable manufacturing overhead is $1.50 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) Budgeted Cost of Closures Purchased May Required June Required 2 >
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