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SB Exercise E8-5 to E8-10

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Shadee Corporation expects to sell 550 sun shades in May and 390 in June. Each shade sells for $162. Shadees beginning and ending finished goods inventories for May are 80 and 45 shades, respectively. Ending finished goods inventory for June will be 55 shades.

E8-5 (Algo) Calculating Sales and Production Budgets [LO 8-3a, b]

Required:

1. Prepare Shadees sales budget for May and June.
2. Prepare Shadees production budget for May and June.