Question: hapter 8 Homework Help Save LRT Subm Check my work 7 5 of 6 Required information The following information applies to the questions displayed below)
hapter 8 Homework Help Save LRT Subm Check my work 7 5 of 6 Required information The following information applies to the questions displayed below) Shadee Corp expects to sell 630 sun visors in May and 360 in June. Each visor sells for $25. Shadee's beginning and ending finished goods inventories for May are 90 and 55 units, respectively. Ending finished goods inventory for June wil be 60 units Ench 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 $150 each Shadee wants to have 25 closures on hand on May 1, 17 closures on May 31, and 20 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1.200 per month, and variable manufacturing overhead is $2.25 per unit produced. Each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $11 per hour. Additional information Selling costs are expected to be 8 percent of sales Fixed administrative expenses per month total $1,600 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 Budgetod Selling and Administrative Expenses
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