Required information SB Exercise E8-5 to E8-10 Skip to question [The following information applies to the questions displayed below.]

Shadee Corp. expects to sell 640 sun visors in May and 320 in June. Each visor sells for $28. Shadees beginning and ending finished goods inventories for May are 70 and 55 units, respectively. Ending finished goods inventory for June will be 60 units.

E8-8 (Algo) Preparing Cost of Goods Sold Budget [LO 8-3f]

Each visor requires a total of $4.00 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 31 closures on hand on May 1, 23 closures on May 31, and 25 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $10 per hour. Required: ]

1. Determine Shadees budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $6.)

2. Compute the Shadees budgeted cost of goods sold for May and June.