Question: Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions dispiayed below] Shadee Corporation expects to sell 610 sun shades in
Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions dispiayed below] Shadee Corporation expects to sell 610 sun shades in May and 400 in June. Each shade sells for $160. Shadee's beginning and ending finished goods inventorios for May are 80 and 55 shades, respectively. Ending finished goods inventory for June will be 60 shades. E8-8 (Algo) Preparing Cost of Goods Sold Budget [LO 8-3f] Each shade requires a total of $65.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 130 in direct materials inventory on May 1, 100 poles in inventory on May 31 , and 110 poles in inventory on June 30. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $14 per hour. Additionally, Shadee's fixed manufacturing overhead is $10,000 per month, and variable manufacturing overhead is $10 per unit produced. Use the information and solutions presented to complete the requirements. Required: 1. Determine Shadee's budgeted manufacturing cost per shade. (Note: Assume that fixed overhead per unit is $14 ) 2. Prepare Shadee's budgeted cost of goods soid for May and June. Complete this question by entering your answers in the tabs below. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $14.) Note: Round your answer to 2 decimal places
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