Shadee Corp. expects to sell 550 sun visors in May and 330 in June. Each visor sells for $25. Shadees beginning and ending finished goods inventories for May are 85 and 60 units, respectively. Ending finished goods inventory for June will be 60 units.

Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $11 per hour.

Required:

1. Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.)

Each visor requires a total of $4.50 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 33 closures on hand on May 1, 15 closures on May 31, and 24 closures on June 30 and variable manufacturing overhead is $2.75 per unit produced. Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $11 per hour.

Required:

3. Determine Shadees budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $1.) (Round your answer to 2 decimal places.)

4. Compute the Shadees budgeted cost of goods sold for May and June. (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.)

Each visor requires a total of $4.50 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 33 closures on hand on May 1, 15 closures on May 31, and 24 closures on June 30. Additionally, Shadees fixed manufacturing overhead is $1,300 per month, and variable manufacturing overhead is $2.75 per unit produced. Each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $11 per hour.

Additional information:

• Selling costs are expected to be 8 percent of sales.
• Fixed administrative expenses per month total $1,700

5. Determine Shadee's budgeted selling and administrative expenses for May and June. (Do not round your intermediate calculations. Round your answers to 2 decimal places.)