Required information SB Exercise E8-5 to E8-10 The following information applies to the questions displayed betow] Shadee Corporation expects to sell 540 sun shades in May and 390 in June. Each shade sells for $166. Shadee's beginning and ending tinished goods inventorles for May are 75 and 45 shodes, respectively. Ending finished goods inventory for Jure will be 65 shades. E8-9 (Algo) Preparing Selling and Administrative Expense Budget [LO 8-3g] Each shade requires a fotal of $60.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 120 in direct materials inventory on May 1,90 poles in inventory on May 31, and 100 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 foxed manufacturing overhead is $11,000 per month, and variable manufacturing overhead is $14 per unit produced. Additional information: - Selling costs are expected to be 7 percent of sales. - Foxed administrative expenses por month totai $1,400. Required: Prepare Shadee's selling and administrative expense budget for May and June. Note: Do not round your intermediate calculations. Round your answers to 2 decimal places