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Shadee Corp. expects to sell 600 sun visors in May and 350 in June. Each visor sells for $20. Shadee's beginning and ending finished goods
Shadee Corp. expects to sell 600 sun visors in May and 350 in June. Each visor sells for $20. Shadee's beginning and ending finished goods inventories for May are 70 and 60 units, respectively. Ending finished goods inventory for June will be 60 units. 58-7 (Algo) Preparing Direct Labor Budget (LO 8-3d] Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Direct Labor Cost Shadee Corp. expects to sell 600 sun visors in May and 350 in June. Each visor sells for $20. Shadee's beginning and ending finished goods inventories for May are 70 and 60 units, respectively. Ending finished goods inventory for June will be 60 units. E8-8 (Algo) Preparing Cost of Goods Sold Budget (LO 8-3f] 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 26 closures on hand on May 1, 21 closures on May 31, and 21 closures on June 30 and variable manufacturing overhead is $1.00 per unit produced. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $9 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $3.) 2. Compute the Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $3.) (Round your answer to 2 decimal places.) Manufacturing Cost per Unit
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