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SB Exercise E8-5 to E8-10 The following information applies to the questions displayed below.] Shadee Corp. expects to sell 570 sun visors in May and
SB Exercise E8-5 to E8-10 The following information applies to the questions displayed below.] Shadee Corp. expects to sell 570 sun visors in May and 430 in June. Each visor sells for $17. Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished good inventory for June will be 70 units Required information 1.50 points E8-6 Preparing Raw Materials Purchases and Manufacturing Overhead Budgets [LO 8-3c, e] Each visor requires a total oS5.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.50 each. Shadee wants to have 28 closures on hand on May 1 23 closures on May 31, and 24 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,100 per month, and variable manufacturing overhead is $1.25 per unit produced Required 1. Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) May June Budgeted Cost of Closures Purchased 2. Detemine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Manufacturing Overhead
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