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Required Information [The following information applies to the questions displayed below) Shadee Corp. expects to sell 620 sun visors in May and 430 in June.

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Required Information [The following information applies to the questions displayed below) Shadee Corp. expects to sell 620 sun visors in May and 430 in June. Each visor sells for $21. Shadee's beginning and ending finished goods inventories for May are 80 and 60 units, respectively. Ending finished goods inventory for June will be 70 units 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 $1.50 each. Shadee wants to have 28 closures on hand on May 1, 19 closures on May 31, and 23 closures on June 30 and variable manufacturing overhead is $175 per unit produced, Suppose that each visor takes 0.50 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 $2.) 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. Required 1 Required 2 Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $2.) (Round your answer to 2 decimal places) Manufacturing Coster Unit Required 1 Required 2 es 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.) May June Budgeted Cost of Goods Sold Required 1 Regined Required information The following information applies to the questions displayed below.) Shadee Corp. expects to sell 620 sun visors in May and 430 in June. Each visor sells for $21. Shadee's beginning and ending finished goods inventories for May are 80 and 60 units, respectively Ending finished goods inventory for June will be 70 units 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 $150 each Shadee wants to have 28 closures on hand on May 1, 19 closures on May 31, and 23 closures on June 30 Additionally, Shadee's fixed manufacturing overhead is $1,200 per month and variable manufacturing overhead is $1.75 per unit produced. Each visor takes 0.50 direct labor hours to produce and Shadee pays its workers $11 per hour. Additional information Selling costs are expected to be 11 percent of sales Fixed administrative expenses per month total $1400, 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 Sering and Administrative Expenses Shadee Corp. expects to sell 580 sun visors in May and 310 in June. Each visor sells for $20 Shadee's beginning and ending finished goods inventories for May are 85 and 55 units, respectively. Ending finished goods inventory for June will be 60 units. It expects the following unit sales for the third quarter July August September 515 480 430 Sixty percent of Shadee's sales are cash Of the credit sales, 54 percent is collected in the month of the sole 35 percent is collected during the following month, and 11 percent is never collected Required: Calculate Shadee's total cash receipts for August and September. (Do not round your intermediate calculations. Round your answers to the nearest whole dollar) August September Total Cash Recoito

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