Shadee Corp expects to sell 620 sun visors in May and 380 in June. Each visor sells for $23. Shadee's beginning and ending finished goods inventories for May are 85 and 45 units, respectively Ending finished goods inventory for June wit be 65 units Each visor requires a total of $400 in direct materials that includes an adjustable closure that the company purchases from a supplier 81 a cost of $150 each Shadee wants to have 35 closures on hand on May 1 19 closures on May 31, and 20 closures on June 30 and Variable manufacturing overhead is $2.25 per unit produced Suppose that each visor takes 0.50 direct labor hours to produce and Shadee pays its workers $11 per hour Additional information . Seing costs are expected to be 10 percent of sales Fixed administrative expenses per month total $1,400 Required: Complete Shadees budgeted income statement for the months of May and June (Note: Assume that fired overhead pecunit is $4.00) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE CORP Budget Income Statement May June Budgeted Contribution Mag Budgeted on Margin Nel Operating Income