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The answer is not 100 and 48. Someone answered this incorrectly last time when I posted it. I really need help , thank you, Required
The answer is not 100 and 48. Someone answered this incorrectly last time when I posted it. I really need help , thank you,
Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 560 sun visors in May and 370 in June. Each visor sells for $20.Shadee's beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 28 closures on hand on May 1, 22 closures on May 31, and 24 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $2.00 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) May June Budgeted Cost of Closures PurchasedStep by Step Solution
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