Shadee Corporation expects to sell $650$ sun shades in May and $380$ in June. Each shade sells for $$150.$ Shadee$$s beginning and ending finished goods inventories for May are $70$ and $45$ shades, respectively. Ending finished goods inventory for June will be $60$ shades.

Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $$12$ per hour. Additionally, Shadee$$s fixed manufacturing overhead is $$9,000$ per month, and variable manufacturing overhead is $$15$ per unit produced.

Required:

$1.$Prepare Shadee$$s sales budget for May and June.

$2.$Prepare Shadee$$s production budget for May and June.

$3.$Prepare Shadee$$s May and June purchases budget for the adjustable poles.

$4.$ Prepare Shadee$$s direct labor budget for May and June.

$5.$ Prepare Shadee$$s manufacturing overhead budget for May and June.

$6.$ Determine Shadee$$s budgeted manufacturing cost per shade. $($Note: Assume that fixed overhead per unit is $$12.)$

$7.$ Prepare Shadee$$s budgeted cost of goods sold for May and June. $8.$ Additional information:

Selling costs are expected to be $7$ percent of sales.

Fixed administrative expenses per month total $$1,300.$

Required:

Prepare Shadee$$s selling and administrative expense budget for May and June.

$9.$ Additional information:

Selling costs are expected to be $7$ percent of sales.

Fixed administrative expenses per month total $$1,300.$

Required:

Prepare Shadee$$s budgeted income statement for the months of May and June.

Note: Do not round your intermediate calculations. Round your answers to $2$ decimal places.

Note: Do not round your intermediate calculations. Round your answers to $2$ decimal places.