Required information The following information applies to the questions displayed below! Shadee Corp expects to sell 590 sun visors in May and 430 in June. Each Visor sells for $22. Shadee's beginning and ending finished goods inventories for May are 75 and 45 units, respectively Ending finished goods irwentory for June will be 65 units, Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a suppler at a cost of $200 each Shadee wants to have 33 closures on hand on May 1 22 dosures on May 31, and 28 closures on June 30 and variable manufacturing overhead is $175 per unit produced. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $6 per hour Additional information: Seling costs are expected to be 8 percent of sales. . Fixed administrative expenses per month total $1300. Required: Complete Shadee's budgeted income statement for the months of May and June (Note: Assume that fixed overhead per unit is $5.00) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE CORP Budgeted Income Statement May June Required information Fixed administrative expenses per month total $1,300. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $5.00) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE CORP Budgeted Income Statement May June Budgeted Gross Margin Bludgeted Net Operating Income