Required information [The following information applies to the questions displayed below] Shadee Corp. expects to sell 550 sun visors in May and 320 in June. Each visor sells for $20. Shadee's beginning and ending finished goods inventories for May are 90 and 60 units, respectively. Ending finished goods inventory for June will be 50 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 $2.50 each. Shadee wants to have 34 closures on hand on May 1, 17 closures on May 31 , and 25 closures on June 30 and variable manufacturing overhead is $1.00 per unit produced. Suppose that each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $11 per hour. Required: 1. Determine Shadee's budgeted manufactuting cost per vison. (Note: Assume that fixed overhead per unit is $3 ) 2. Compute the Shadee's budgeted cost of goods sold for May and June Complete this question by entering your answers in the tabs below. Determine shadee's busgeted manufacturing cost per visor. (Notet Assume that fixed overhead per unit is $3 ) (Round your answer to 2 decimal placen.) Compute the Shadee's budgeted cost of goods sold for May and June. (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Required information [The following information applies to the questions displayed below] Shadee Corp. expects to sell 550 sun visors in May and 320 in June. Each visor sells for $20. Shadee's beginning and ending finished goods inventories for May are 90 and 60 units, respectively. Ending finished goods inventory for June will be 50 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 $2.50 each. Shadee wants to have 34 closures on hand on May 1,17 closures on May 31 , and 25 closures on June 30 . Additionally. Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $1.00 per unit produced. Each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $11 per hour. Additional information: - Selling costs are expected to be 10 percent of sales. - Fixed administrative expenses per month total $1,200 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.) Required information [The following information applies to the questions displayed below] Shadee Corp. expects to sell 550 sun visors in May and 320 in June. Each visor sells for $20. Shadee's beginning and ending finished goods inventories for May are 90 and 60 units, respectively. Ending finished goods inventory for June will be 50 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 $2.50 each. Shadee wants to have 34 closures on hand on May 1,17 closures on May 31 , and 25 closures on June 30 and variable manufacturing overhead is $1.00 per unit produced. Suppose that each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $11 per hour. Additional information: - Selling costs are expected to be 10 percent of sales. - Fixed administrative expenses per month total $1,200 Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $3.00 ) (Do not round your intermediate calculations, Round your answers to 2 decimal places.)