Question
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 620 sun visors in May and 340 in June. Each visor
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 620 sun visors in May and 340 in June. Each visor sells for $24. Shadees beginning and ending finished goods inventories for May are 70 and 55 units, respectively. Ending finished goods inventory for June will be 60 units.
Required: 1. Determine Shadee's budgeted total sales for May and June.
Budgeted Total Sales May:
Budgeted Total Sales June:
2. Determine Shadee's budgeted production in units for May and June.
Budgeted Production (Units) May:
Budgeted Production (Units) June:
3. value: Each visor requires a total of $4.00 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, 18 closures on May 31, and 27 closures on June 30. Additionally, Shadees fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $1.75 per unit produced.
Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.)
Budgeted Cost of Closures Purchased May:
Budgeted Cost of Closures Purchased June:
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 May:
Budgeted Manufacturing Overhead June:
4. value: Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $11 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.)
Budgeted Direct Labor Cost May:
Budgeted Direct Labor Cost June:
please provide detail & how you got the answers please! thank you!
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