The following information applies to the questions displayed below] Shadee Corp. expects to sell 610 sun visors in May and 400 in June. Each sor sells for S20 Shadee's beginning and e units, respectively Ending finished goods inventory for June will be 65 units. ing fo shed goods n er ones for May are 0 and S References Section Break SB Exercise E8-5 to E8-10 300 points Required information E8-6 Preparing Raw Materials Purchases and Manufacturing Overhead Budgets LO 8-3c, e] 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 32 closures on hand on May 1, 22 closures on May 31, and 23 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $2 50 per unit produced Required: 1. Determine Shadee's budgeted cost of dlosures purchased for May and June. (Round your answers to 2 decimal places.) 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.) Budgeted Manufacturing Overhead Suppose that each visor takes 060 direct labor hours to produce and Shadee pays its workers $9 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.) MayJune Budgeted Direct Labor Cost