[The following information applies to the questions displayed below. 3.1 Shadee Coro expects to sell 650 sun visors in May and 390 in June. Each vsor sells for $16. Shalee's beginning and ending finished goods Inventories for May are 75 and 55 units, respectively, Ending finished goods Inventory for Jure will be 70 units. Required: 1. Determine Shadee's budgeted total sales for May and June. May June Budgeted Tolal Sales 2. Determine Shadee's budgeted production in units for May and June May June Budgeted Production (Unite) 3.2 Each visor requires a total of $3.50 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 35 closures on hard on May 1, 15 closures on May 31, and 24 dasures on June 30. Addilionally, Shadee's fixed manufacturing overhead is $1,600 per month, and variable manufacluring overhead is $1.75 per unil produced. Required: 1. Detin Shadee's budgeted cost of cksures purchased for May and Jun (Round your answers to 2 decimal places.) May June Budgeted Cost of Closures Purchased 2. Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Buugeled Manufacturing Overhead 3.3 Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $10 per hour. Required: Determine Shardee's biurgeted direct Litor cast for May and Junie. (Do not round your intermediate values. Round your answers to 2 decimal places.) May Budgeted Direct Labor Cost 3.4 Each visor requires a lolal of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier al a cost of $2.00 each. Shadee wanls lo have 35 closures on hand on May 1, 15 closures on May 31, and 24 closures on June 30 and variable manufacturing overhead is $1.75 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays ite workers $10 per hour. Required: 1. Delerine Shadee's budgeled manufacluring cost per vis, Nole. Assume thal fixed verhead per unit is 51.BD.) (Round your answer to 2 decimal places.) Manufacturing Cost per Unit 2. Compute the Shadee's budgeted cost of goods sold for May and June. (Do not round your intermediate values. Use rounded cost per unit in intermediate calculations.) May June Buugeted Cusuf Goods Sald 3.5 Each visar requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shader wants to have 35 closures on hard in May 1, 15 closures on May 31, and 24 diasures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,600 per month, and variable manufacturing overhead is $1.75 per unit produced. Each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $10 per hour. Echo Addionally, Shade Additional information: . Selling costs are expected to be 9 percent of sales. . Fixed administrative expenses per month total $1,600. Required: Determine Shadeo's budgeted selling and administrative expenses for May and Junc. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) May June Budgeted Selling and Administrative Expenses 3.6 Each visor requires a total of $3.50 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 35 closures on hand on May 1,15 closures on May 31, and 24 closures on June 30 and variable manufacturina pyrrhcad is $1.75 per unit producer Suppose that cach visar takes 0.30 direct labor hours to produce and Shadec pays its workers $10 per hour, Additional information: . Selling costs are expected to be 9 percent of sales. . Fixed administrative expenses per month total $1.500. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $1.80.) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE CORP. Budgeted Income Statement May June Buugele Gruss Margin Buugeted Net Operating Income