Requlred Information [The following Information applles to the questions displayed below.] Shadee Corp. expects to sell 600 sun visors in May and 310 in June. Each visor sells for $20. Shadee's beginning and ending finished goods Inventorles for May are 85 and 40 units, respectively. Ending finished goods Inventory for June will be 70 units. :ach visor requires a total of $4.50 in dlrect materlals that Includes an adjustable closure that the company purchases from a supplier it a cost of $2.00 each. Shadee wants to have 28 closures on hand on May 1, 20 closures on May 31 , and 24 closures on June 30 and tarlable manufacturing overhead is $1.50 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $6 per hour. Additional Information: - Selling costs are expected to be 6 percent of sales. - Fixed admInistrative expenses per month total $1,400. ?equlred: 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 Intermedlate calculations. Round your answers to 2 decimal places.)