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[The following information applies to the questions displayed below. Shadee Corporation expects to sell 550 sun shades in May and 340 in June. Each shade

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[The following information applies to the questions displayed below. Shadee Corporation expects to sell 550 sun shades in May and 340 in June. Each shade sells for $140. Shadee's beginning and ending finished goods inventorles for May are 80 and 45 shades, respectively. Ending finished goods inventory for June will be 65 shades. Each shade requires a total of $45.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 120 in direct materials inventory on May 1, 90 poles in inventory on May 31 , and 110 poles in inventory on June 30. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $14 per hour. Additionally. Shadee's fixed manufacturing overhead is $11,000 per month, and variable manufacturing overhead is $14 per unit produced. Additional information: - Selling costs are expected to be 11 percent of sales. - Fixed administrative expenses per month total $1,100. Required: Prepare Shadee's selling and administrative expense budget for May and June. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places

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