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shadee corp expects to sell 630 sun visors in May and 360 in June. Each visor sells for $18. Shadee's beginning and ending finished goods
shadee corp expects to sell 630 sun visors in May and 360 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 65 and 55 units, respectively. Ending finished goods inventory for June will be 65 units.
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Each visor requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 32 closures on May 31, and 28 closures on June 30. Additionally, Shadee's fixed manufacthring overhead is $1,600 per month, and the variable manufacturing overhead is $1.50 per unit produced.
1A. Determine Shadee's budgeted cost of closures purchased for May and June (Do not round intermediate values. Round your answers to 2 decimal places)
1B. Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places)
1C. Suppose that each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $9 per hour. Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places)
the Beginning closure is 32 on may 1st and 17 closures on may 31
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