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Required information [The followinginformation applies to the questions displayed below] Shadee Corp expects to sell 630 sun visors in May and 440 in June. Each
Required information [The followinginformation applies to the questions displayed below] Shadee Corp expects to sell 630 sun visors in May and 440 in June. Each visor sells for $30. Shadee's beginning and ending finished goods inventories for May are 65 and 55 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a suppl at a cost of $250 each. Shadee wants to have 29 closures on hand on May 1,22 closures on May 31 , and 26 closures on June 30 . Additionally, Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $2.25 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Determine Shadee's budgeted cost of dosures purchased for May and June. (Round your answers to 2 decimal places.) 2. Determine Shadee's budget manufacturing Complete this question by entering your answers in the tabs below. Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.)
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