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Required information [The following information applies to the questions displayed below. ] Shadee Corp. expects to sell 510 sun visors in May and 340 in
Required information [The following information applies to the questions displayed below. ] Shadee Corp. expects to sell 510 sun visors in May and 340 in June. Each visor sells for $29. Shadee's beginning and ending finished goods inventories for May are 70 and 60 units, respectively. Ending finished goods inventory for June will be 70 units. Required: 1. Determine Shadee's budgeted total sales for May and June. 2. Determine Shadee's budgeted production in units for May and June. Required information [The following information applies to the questions displayed beiowj Shadee Corp. expects to sell 510 sun visors in May and 340 in June. Each visor sells for $29. Shadee's beginning and ending finished goods inventories for May are 70 and 60 units, respectively. Ending finished goods inventory for June will be 70 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 25 closures on hand on May 'I, 20 closures on May 31, and 23 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $1.00 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
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