Shadee Corp. expects to sell 590 sun visons in May and 410 in June. Each visor sells for $19. Shadee's beginning and ending finished goods inventorles for May are 85 and 45 units, respectively. Ending finished goods inventory for June will be 55 units. Each visor requlres a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier to cost of \$1.50 each. Shadee wants to have 32 closures on hand on May 1, 19 closures on May 31 , and 22 closures on June 30 and ariable manufacturing overhead is $175 per unlt produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $11 per hour. Additionai information: - Seiling costs are expected to be 11 percent of sales. - Fieed adirinistrative expenses per month total $1,600. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overheod per unit is $2.00 ) (Do not round your intermediate calculations. Round your answers to 2 decimal pleces.)