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[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadees beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units.
4 peints Required Information 1.11 points Each visor requires a total of S4.00 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 30 closures on hand on May 1 . closures on May 31, and 25 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. Required 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 calculations. Round your answers to 2 decimal places.) ecimal places requi nc Budgeted Manufacturing Overhead
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