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Shadee Corporation expects to sell 540 sun shades in May and 390 in June. Each shade sells for $147. Shadee's beginning and ending finished
Shadee Corporation expects to sell 540 sun shades in May and 390 in June. Each shade sells for $147. Shadee's beginning and ending finished goods inventories for May are 60 and 40 shades, respectively. Ending finished goods inventory for June will be 50 shades. E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e] Each shade requires a total of $50.00 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, 100 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. May June Budgeted Cost of Closures Purchased $ 23,600 16400
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