Required information The following information applles to the questions displayed belowi Shadee Coiporation expects to sell 580 sun shades in May and 320 in June. Each shade sells for $154. Shadee's beginning and ending finished goods inventories for May are 65 and 45 shades, respectively. Ending finished goods inventary for June will be 70 shades. Each shade requires a total of $55.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct matetials inventory on May 1, 90 poles in inventory on May 31, and 120 poles in inventory on June 30 Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $14 per hour. Additionally. Shadite's fixed manufacturing ovethead is $9,000 per month, and varlable manufacturing overhead is $15 per unit produced. Additional Information: - Selling costs are expected to be 9 percent of sales. - Fixd administrative expenses pet month total $1,500 Required: Prepare Stadee's budigeted income statettent for the months of May and June. Note: Do not round your intermediate colculations. Round your answers to 2 decimol places. - Fixed administrative expenses per month total $1,500. Required: Prepare Shadee's budgeted income statement for the months of May and June. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places