each visor requires

E8-9 Preparing Selling and Administrative Expense Budget LO 8-3g Each visor requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.50 each. Shadee wants to have 32 closures on hand on May 1, 23 closures on May 31, and 22 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,400 per month, and variable manufacturing overhead is $2.50 per unit produced. Each visor takes 0.60 direct labor hours to produce and Shadee pays its workers $7 per hour Additional information: Selling costs are expected to be 7 percent of sales . Fixed administrative expenses per month total $1,200 Required: Determine Shadee's budgeted selling and administrative expenses for May and June. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) May June Budgeted Selling and Administrative Expenses References eBook & Resources Worksheet