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=con&external_browser=0&launchUrl=https%253A%252F%252FI... G f * Paused pter 8 Assignment Saved Help Save & Exit Submit Check my work Required information [The following information applies to the questions displayed below.] of 6 Shadee Corp. expects to sell 600 sun visors in May and 440 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 75 and 40 units, respectively. Ending finished goods inventory for June will be 55 units. Each visor requires a total of $5.00 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 34 closures on hand on May 1, 21 closures on May 31, and 26 closures on June 30 and variable manufacturing overhead is $1.25 per unit produced. Suppose that each visor takes 0.50 direct labor hours to produce and Shadee pays its workers $7 per hour. Additional information: . Selling costs are expected to be 9 percent of sales. . Fixed 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 $ (Do not round your intermediate calculations. Round your answers to 2 decimal places.)