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Shadee Corp. expects to sell 640 sun visors in May and 320 in June, ending finished goods inventories for May are 65 and 55 units,
Shadee Corp. expects to sell 640 sun visors in May and 320 in June, ending finished goods inventories for May are 65 and 55 units, respe be 60 units. Suppose that each visor takes 0.30 direct labor hours to produce and Shade Pequired: Petermine Shadee's budgeted direct labor cost for May and June. (Do not re ecimal places.) May June Budgeted Direct Labor Cost $ 1,072.50 Shadee Corp. expects to sell 640 sun visors in May and 320 in June. Each visor sells for $20. Shadee's beginning and ending finished goods inventories for May are 65 and 55 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $5.00 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. Additionally, Shadee's fixed manufacturing overhead is $1.000 per month, and variable manufacturing overhead is $2.50 per unit produced. Each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $11 per hour. Additional information: Selling costs are expected to be 12 percent of sales. Fixed administrative expenses per month total $1500, Required: Determine Shadee's budgeted selling and administrative expenses for May and June (Do not round your intermediate calculations. Round your answers to 2 decimal places.)
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