Required information [The following information applies to the questions displayed below] Shadee Corp. expects to sell 550 sun visors in May and 370 in June. Each visor sells for $20 Shadee's beginning and ending finished goods inventories for May are 85 and 45 units, respectively. Ending finished goods inventory for June will be 55 units Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers 57 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) May Budgated Direct Labor Cost Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $250 each. Shadee wants to have 32 closures on hand on May 117 closures on May 31 and 22 closures on June 30 and Variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers 57 per hour Required: 1 Determine Shadee's budgeted manufacturing cast per visor. (Note: Assume that fixed overhead per unit is $170.) (Round your answer to 2 decimal places.) Manufacturing Cost per Unit 2. Compute the Shadee's budgeted cost of goods sold for May and June. (Do not round your intermediate values. Use rounded cost per unit in intermediate calculations.) May June Budgeted Cost of Goods Sold Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.50 each Shadee wants to have 32 closures on hand on May 1, 17 closures on May 31 and 22 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1.600 per month, and variable manufacturing overhead is $2.25 per unit produced. Each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $7 per hour Additional information: . Selling costs are expected to be 10 percent of sales Fixed administrative expenses per month total $1.400. 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 Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that foed overhead per unit is $170.) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE CORP Budgeted Income Statement May June Budgeted Gross Margin Budgeted Net Operating Income