Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 540 sun shades in May and 380 in June. Each shade sells for $167. Shadee's beginning and ending finished goods inventories for May are 85 and 55 shades, respectively. Ending finished goods inventory for June will be 50 shades. E8-7 (Algo) Preparing Direct Labor and Manufacturing Overhead Budgets [LO 8-3d] 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 $12,000 per month, and variable manufacturing overhead is $15 per unit produced. Required: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June. Complete this question by entering your answers in the tabs below. Prepare Shadee's direct labor budget for May and June. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places. Required information SB Exerclse E8.5 to E8-10 [The following information applies to the questions displayed below) Shadee Corporation expects to sell 540 sun shades in May and 380 in June. Each shade selis for \$167. Shadee's beginning and ending finished goods inventories for May are 85 and 55 shades, respectively Ending finished goods inventory for June will be 50 shades. E8-7 (Algo) Preparing Direct Labor and Manufacturing Overhead Budgets [L.O 8-3d] Suppose that each shade takes three direct iabor hour to produce and Shadee pays its workers $14 per hour. Additionally, Shodee's fixed manufacturing overhead is $12,000 per month, and variable manufacturing overhead is $15 per unit produced. Required: 1. Prepare Stradee's direct labor budget for May and June. 2. Prepare Shadees manufacturing overhead budget for May and June. Complete this question by entering your answers in the tabs below. Prepare Shadee's manufacturing overhead budget for May and June