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[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 620 sun visors in May and 380 in June. Each visor
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 620 sun visors in May and 380 in June. Each visor sells for $22. Shadee's beginning and ending finished goods inventories for May are 90 and 55 units, respectively. Ending finished goods inventory for June will be 70 units. References Section Break SB Exercise E8-5 to E8-10 value: Required information 2.00 points E8-6 Preparing Raw Materials Purchases and Manufacturing Overhead Budgets [LO 8-3c, el Each visor requires a total of $5.50 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 32 closures on hand on May 1, 21 closures on May 31, and 26 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $2.25 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) June Budgeted Cost of Closures Purchased May $ 12.15 $ 12.15 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 Budgeted Manufacturing Overhead $ 12.15$ June 12.15 Hints References eBook & Resources Hint #1 Check my work value: 1.00 points Required information E8-7 Preparing Direct Labor Budget [LO 8-3d] Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $7 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Direct Labor Cost
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