Shadee Corporation expects to sell 640 sun shades in May and 370 in June Each shade selis for $154. Shadee's beginning and ending finished goods inventories for May are 85 and 50 shades, respectively. Ending finished goods inventory for June will be 50 shades. E8-9 (Algo) Preparing Selling and Administrative Expense Budget [LO 8-3g] Each shade requires a total of $55.00 in direct materiais that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 120 in direct materials inventory on May 1,90 poles in inventory on May 31 , and 120 poles in inventory on June 30 . Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $14 per hout. Additionally. Shadee's fixed manufacturing overhead is $12,000 per month, and variable manufacturing overhead is $11 per unit produced. Additionol informetion: - Selling costs are expected to be 10 percent of sales - Fixed administrative expenses per month total $1,700 Required: Prepare Shadee's selling and administrative expense budget for May and June Note: Do not round your intermediate colculations. Round your answers to 2 decimal places