Question: In addition to the information in E8 5 through E8 8 regarding

In addition to the information in E8-5 through E8-8 regarding Shadee Corp., the following data are available:
• Selling costs are expected to be 6 percent of sales.
• Fixed administrative expenses per month total $1,200.
Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. 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.

Prepare Shadee’s selling and administrative expense budget for May and June.

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  • CreatedFebruary 27, 2015
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