Shadee Corp expects to sell 560 sun visors in May and 330 in June. Each visor sells for $21. Shadee's beginning and ending finished goods inventories for May are 65 and 60 units, respectively. Ending finished goods inventory for June will be 65 units 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 31 closures on hand on May 1, 20 closures on May 31, and 21 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $10 per hour. Additional information: Selling costs are expected to be 8 percent of sales Fixed administrative expenses per month total $1,400 Required: Complete Shadee's budgeted income statement for the months of May and June. Note: Assume that fixed overhead per unit is $1.00) (Do not round your intermediate calculations. Round your answers to 2 decimal places) Budgeted Sewe Budgeted Cost of Goods Sold Answer is not complete. Budgeted Net Operating income SHADEE CORP Bugeted Groes Marge Budgeted Seting and Adv Expenses May June