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The following information applies to the questions displayed below.] Shadee Corp. expects to sell 540 sun visors in May and 430 in June. Each visor

The following information applies to the questions displayed below.] Shadee Corp. expects to sell 540 sun visors in May and 430 in June. Each visor sells for $20. Shadees beginning and ending finished goods inventories for May are 65 and 45 units, respectively. Ending finished goods inventory for June will be 50 units.

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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 $1.50 each. Shadee wants to have 27 closures on hand on May 1, 16 closures on May 31, and 27 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $1.25 per unit produced 1. 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 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 Budgeted Manufacturing Overhead

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