Required information [The following information applies to the questions displayed below) Shadee Corp, expects to sell 510 syn visors in May and 370 in June. Each visor sells for $21. Shadee's beginning and ending finished goods inventories tor May are 70 and 55 units, respectively. Ending finished goods inventory for June will be 65 units Each visor requires a total of $3,50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each, Shadee wants to have 34 closures on hand on May 1, 16 closures on May 31, and 20 closures on June 30 and variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor (Note: Assume that fixed overhead per unit is $210) (Round your answer to 2 decimal places.) Manufacturing Cont par unt 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 Required information [The following information applies to the questions displayed below.) Shadee Corp, expects to sell 510 sun visors in May and 370 in June. Each visor sells for $21. Shadee's beginning and ending finished goods inventories for May are 70 and 55 units, respectively, Ending finished goods inventory for June will be 65 units Each visor requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 34 closures on hand on May 1, 16 closures on May 31, ond 20 closures on June 30, Additionally, Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $2.25 per unit produced. Each visor takes 0.70 direct lobor hours to produce and Shadee pays its workers $9 per hour Additional information Selling costs are expected to be 10 percent of sales Fixed administrative expenses per month total $1100 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 wequirea information The following information applies to the questions displayed below.) Shadee Corp. expects to sell 510 sun visors in May and 370 in June. Each visor sells for $21. Shadee's beginning and ending finished goods Inventories for May ore 70 and 55 units, respectively. Ending finished goods inventory for June will be 65 units. Each visor requires a total of $3,50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each Shadee wants to have 34 closures on hand on May 1, 16 closures on May 31, and 20 closures on June 30 and variable manufacturing overhead is $2.25 per unit produced. Suppose that each visor takes 070 direct labor hours to produce and Shadee pays its workers $9 per hour, Additional information: Seling costs are expected to be 10 percent of sales Fixed administrative expenses per month total $1100. Required: Complete Shadee's budgeted income statement for the months of May and June (Note: Assume that fixed overhead per unit is $2.10) (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