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Shadee Corp. expects to sell 550 sun visors in May and 380 in June. Each visor sells for $21. Shadees beginning and ending finished goods

Shadee Corp. expects to sell 550 sun visors in May and 380 in June. Each visor sells for $21. Shadees beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 70 units.image text in transcribed

image text in transcribed

I could not find any explanations on chegg to do this problem,

EDIT; this also was all that was given to me on the question, so I do not see as to why It would be an incomplete question

E8-6 Preparing Raw Materials Purchases and Manufacturing Overhead Budgets [LO 8-3c, e) Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 34 closures on hand on May 1, 16 closures on May 31, and 28 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,300 per month, and variable manufacturing overhead is $1.00 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. Determine 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 E8-7 Preparing Direct Labor Budget [LO 8-3d] Suppose that each visor takes 0.90 direct labor hours to produce and Shadee pays its workers $6 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

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