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Seed O Required information The following information applies to the questions displayed below) Shadee Corp. expects to sell 540 sun visors in May and 390

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Seed O Required information The following information applies to the questions displayed below) Shadee Corp. expects to sell 540 sun visors in May and 390 in June. Each visor sells for $21. Shadee's beginning and ending finished goods inventories for May are 90 and 55 units, respectively. Ending finished goods inventory for June will be 70 units Eoch visor requires a total of $5 50 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 29 closures on hond on May 1, 15 closures on May 31, and 20 closures on June 30 and variable manufacturing overhead is $1.00 per unit produced. Suppose that each visor takes 0.20 direct labor hours to produce and Shadee pays its workers $9 per hour Additional information . Selling costs are expected to be 6 percent of sales Fixed administrative expenses per month total 51.200 Required: Complete Shadee's budceted Income statement for the months of May and June. Note Assume that fixed overnedd per unit is $6.00) Do not round your intermediate celeulations. Round your answers to 2 decimal places.) SHADEE CORP Budgeted Income Statement May June

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