Shadee Corp. expects to sell 540 sun visors in May and 370 in June. Each visor sells for $20. Shadees beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 50 units.
Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $8 per hour.
Shadee Corp. expects to sell 540 sun visors in May aand 370 in June. Each visor sells for S20. Shacee's beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 50 unit 9.09 points Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $8 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Direct Labor Cost Each visr reures a loal er inaierials tial nclutes an rat the Compary purchases rcm a Buper ak a cot of $2.00 each. Shadee wants to have 30 closures on hand on May 1. 15 closures orn May 31, and 28 closures c ovehead is 0 and variable manufacluring June amin Shadee's budgeted menufacturing cost per visor INote: Assume thet fbed overhead per urit is $1,20.) (Round your answer to 2 decimal places.) Manufacluring Coel per Unt 2. Comaute the Shadee's budgeted cost of gpods scld for May and June. (Do not round your intermediate values. Use rounded cost per unit in intermediate calculations.) Mar June Budgeled Coal of Gooda Scld Acdtionaly, Shadee's closures Juna tivod araufacturing overheaad is $1.400 ner month, and varable mautachuring oveertead is $1.50 per unit croduced, Fach visor takas 0.70 arect labor hours to ornduce and Shedee pays Its workers S8 per bou 15 cosures on May 31, and 2 Additional infomation Selling oasts are exaected to be 10 percent af sales. Fixnd administrative expenses per month total S1,60. Requ hadee's budgeted seling and administrative expenses for May and June. (Do not round your intermediate calculations, Round yaur answers to 2 decimal places.) May June Budoated Selirg end Administratve Fxperses 15 dosures on May 31, and 26 dlosures on June 30 and valable manufacturing E d is t 50 per unit produced, Sunnose that aech visor takes a 70 drect laboe heurs to croduce ard Shadee navs its werkers $8 cer bo 200 each. Shadee wants to have 30 ciosures on hand on May 1, Addnonal information: Selling coets are expected to be 10 percent of eeles. Fixed administrative expenses per month total $1.500. Pdanir burgeted incame statement fon e manths of May and June. (Note: Assume that fixed ovehead per unit is S1.20.) (Do nat round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE COR Budgeted Income Statement May June Budgeled Grose Margin Budceted Net Opanting Income
