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Shadee Corp. expects to sell 580 sun visors in May and 390 in June. Each visor sells for $25. Shadee's beginning and ending finished goods

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Shadee Corp. expects to sell 580 sun visors in May and 390 in June. Each visor sells for $25. Shadee's beginning and ending finished goods inventories for May are 80 and 45 units, respectively, Ending finished goods inventory for June will be 55 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, 18 closures on May 31, and 22 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $700 per month, and variable manufacturing overhead is $1.50 per unit produced. Each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $12 per hour. Additional information: Selling costs are expected to be 7 percent of sales. Fixed administrative expenses per month total $1,400. Required: 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.) May June Budgeted Selling and Administrative Expenses

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