the sowing normanon appies to une quesuuris unplayed below! Saved Shadee Corp expects to sell 620 sun visors in May and 330 in June. Each visor sells for $14. Shadee's beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units 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 30 closures on hand on May 1, 15 closures on May 31, and 22 closures on June 30 and variable manufacturing overhead is $1.25 per unit produced. Suppose that each visor takes 0.10 direct labor hours to produce and Shadee pays its workers $12 per hour. Additional information Selling costs are expected to be 6 percent of sales Foxed administrative expenses per month total $1,200. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $1.00) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Budgeted Gross Margin SHADEE CORP Budged Income Statant May June Budgeted Niet Operating Incons