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Shadee Corporation expects to sell 580 sun shades in May and 380 in June. Each shade sells for $152. Shadees beginning and ending finished goods
Shadee Corporation expects to sell 580 sun shades in May and 380 in June. Each shade sells for $152. Shadees beginning and ending finished goods inventories for May are 60 and 50 shades, respectively. Ending finished goods inventory for June will be 55 shades.
Part 1:
- Prepare Shadees sales budget for May and June.
- Prepare Shadees production budget for May and June
Part 2: 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 120 in direct materials inventory on May 1, 100 poles in inventory on May 31, and 110 poles in inventory on June 30.
- Please Prepare Shadees May and June purchases budget for the adjustable poles.
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