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Required Information [The following information applies to the questions displayed below] Shadee Corp. expects to sell 590 sun visors in May and 410 in June. Each visor selis for $21. Shadee's beginning and ending finished goods inventories for May are 65 and 45 units, respectively. Ending finished goods inventory for June will be 55 units. Each visor requires a total of $5.00 in direct materials that includes an adjustable ciosure that the company purchases from a suppiler et a cost of $1.50 each. Shadee wants to have 28 closures on hand on May 1,22 closures on Moy 31 , and 24 closures on June 30 and variable manufacturing overnesd is $1.00 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $6 per hour. Additional information: - Seling costs are expected to be 8 percent of sales. - Foced administrative expenses per month total $1300. Shadee pays its workers $6 per hout. Additional information: - Selling costs are expected to be 8 percent of sales. - Fixed administrative expenses per month total $1,300. Requlred: Complete Shodee's budgeted income statement for the months of May and June. (Note: Assume that foced ove (vead per unit is s3o0.) (Do not round your Intermedlate calculatlons. Round your answers to 2 declmal places.)