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very long question Shadee Corporation expects to sell 530 sun shades in May and 300 in June. Each shade sells for $155. Shadee's beginning and
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Shadee Corporation expects to sell 530 sun shades in May and 300 in June. Each shade sells for $155. Shadee's beginning and ending finished goods inventories for May are 65 and 60 shades, respectively. Ending fintshed goods inventory for June will be 55 shades. E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e] Each shade requires a total of $55.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materiais inventory on May 1,90 poles in inventory on May 31, and 110 poles in inventory or June 30 Required: Prepare Shadee's May and June purchases budget for the adjustable poles: Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $15 per hour. Additionally, Shadee's fixed manufacturing overhead is $8,000 per month, and variable manufacturing overhead is $14 jer unit produced. Requlred: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June. Complete this question by entering your answers in the tabs below. Prepare Shadee's direct labor budget for May and June. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $15 per hour. Additionally. Shadee's fixed manufacturing overhead is $8,000 per month, and variable manufacturing overhead is $14 per unit produced. Required: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June. Complete this question by entering your answers in the tabs below. Prepare Shadee's manufacturing overhead budget for May and June. Each shade requires a total of $55.00 in direct materlals that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materials inventory on May 1, 90 poles in inventory on May 31 , and 110 poles in Inventory on June 30. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $15 per hour. Additionally, Shadee's fixed manufacturing overhead is $8,000 per month, and varlable manufacturing overhead is $14 per unit produced. Use the information and solutions presented to complete the requirements. Required: 1. Determine Shadee's budgeted manufacturing cost per shade. (Note: Assume that fixed overhead per unit is $12 ) 2. Prepare Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $12.) Note: Round your answer to 2 decimal places, Each shade requires a total of $55.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materials inventory on May 1, 90 poles in inventory on May 31 , and 110 poles in inventory on June 30. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $15 per hour. Additionally, Shadee's fixed manufacturing overhead is $8,000 per month, and varlable manufacturing overhead is $14 per unt produced. Use the information and solutions presented to complete the requirements. Required: 1. Determine Shadee's budgeted manufacturing cost per shade. (Note: Assume that fixed overhead per unit is $12. ) 2. Prepare Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Determine Shadee's budgeted cost of goods sold for May and June. Notes Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places. Each shade requires a total of $55.00 in direct materlais that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materlais inventory on May 1, 90 poles in inventory on May 31 , and 110 poles in inventory on June 302 Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $15 per hour Additionally, Shadee's fixed manufacturing overhead is $8,000 per month, and variable manufacturing overhead is $14 per unit produced. Additional information: - Seling costs are expected to be 7 percent of sales. - Fixed administrative expenses per month total $1,500 Pequired: Prepare Shadee's selling and administrative expense budget for May and June Note: Do not round your intermediate calculotions. Round your answers to 2 decimal places Step by Step Solution
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