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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 June.
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. Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $11 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) Budgeted Direct Labor Cost Required information [The following information applies to the questions displayed below. J 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 1, 20 closures on May 31, and 23 closures on June 30 and variable manufacturing overhead is $1.00 per unit produced. Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $11 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $7.) 2. Compute the Shadee's budgeted cost of goods sold for May and June
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