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Shadee Corporation expects to sell 540 sun shades in May and 370 in June. Each shade sells for $159. Shadee's beginning and ending finished goods
Shadee Corporation expects to sell 540 sun shades in May and 370 in June. Each shade sells for $159. Shadee's beginning and ending finished goods inventories for May are 65 and 40 shades, respectively. Ending finished goods inventory for June will be 55 shades. E8-5 (Algo) Calculating Sales and Production Budgets [LO 8-3a, b] Required: 1. Prepare Shadee's sales budget for May and June. 2. Prepare Shadee's production budget for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Shadee's sales budget for May and June. Budgeted Total Sales May June Required 1 Required 2 > Shadee Corporation expects to sell 540 sun shades in May and 370 in June. Each shade sells for $159. Shadee's beginning and ending finished goods Inventories for May are 65 and 40 shades, respectively. Ending finished goods Inventory for June will be 55 shades. E8-5 (Algo) Calculating Sales and Production Budgets [LO 8-3a, b] Required: 1. Prepare Shadee's sales budget for May and June. 2. Prepare Shadee's production budget for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Shadee's production budget for May and June. Budgeted Production (Units)) May June [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 540 sun shades in May and 370 in June. Each shade sells for $159. Shadee's beginning and ending finished goods inventories for May are 65 and 40 shades, respectively. Ending finished goods inventory for June will be 55 shades. E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e] Each shade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 130 in direct materials inventory on May 1, 90 poles in inventory on May 31, and 110 poles in inventory on June 30. Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Closures Purchased May June
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