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[ The following information applies to the questions displayed below. ] Shadee Corporation expects to sell 5 7 0 sun shades in May and 3
The following information applies to the questions displayed below.
Shadee Corporation expects to sell sun shades in May and in June. Each shade sells for $ Shadee's beginning and ending finished goods inventories for May are and shades, respectively. Ending finished goods inventory for June will be shades.
EAlgo Preparing Selling and Administrative Expense Budget LO g
Each shade requires a total of $ in direct materials that includes adjustable poles that cost $ each. Shadee expects to have in direct materials inventory on May poles in inventory on May and poles in inventory on June
Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $ per hour. Additionally, Shadee's fixed manufacturing overhead is $ per month, and variable manufacturing overhead is $ per unit produced.
Additional information:
Selling costs are expected to be percent of sales.
Fixed administrative expenses per month total $
Required:
Prepare Shadee's selling and administrative expense budget for May and June.
Note: Do not round your intermediate calculations. Round your answers to decimal places.
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