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Shadee Corporation expects to sell 530 sun shades In May and 380 In June. Each shade sells for $142. Shadee's beginning and ending finished goods
Shadee Corporation expects to sell 530 sun shades In May and 380 In June. Each shade sells for $142. Shadee's beginning and ending finished goods Inventories for May are 90 and 45 shades, respectively. Ending finished goods Inventory for June will be 70 shades. Each shade requires a total of $45.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materials Inventory on May 1, 90 poles In Inventory on May 31, and 100 poles In Inventory on June 30. Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Closures Purchased S May 20,300 3 June 2,650
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