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Shadee Corp. expects to sell 590 sun visors May and 450 in June. Each sells for $20. Shadee's beginning and ending finished goods inventories for
Shadee Corp. expects to sell 590 sun visors May and 450 in June. Each sells for $20. Shadee's beginning and ending finished goods inventories for May 75 and 50 units, respectively. Ending finished goods Inventory for June will be 55 units. Each visor requires a total of $4.00 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 30 closures on hand on May 1, 17 closures on May 31, and 22 closures on June 30 .Additionally Shadee's fixed manufacturng overhead $800 per month and variable manufacturing overhead Is $2.25 per produced
Required Information [The following information applies to the questions displayed below) Shadee Corp. expects to sell 590 sun visors In May and 450 In June. Each visor sells for $20, Shadee's beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods Inventory for June will be 55 units Each visor requires a total of $4.00 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 30 closures on hand on May 1. 17 closures on May 31, and 22 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $800 per month, and variable manufacturing overhead is $2.25 per unit produced Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 Required : 1. Determine Shadee's budgeted cost of closures purchased for May and June
2. Determine Shadee's budget manufacturing overhead for May and June.
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