Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell...

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Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 600 sun visors in May and 390 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are 80 and 55 units, respectively. Ending finished goods inventory for June will be 65 units. Each visor requires a total of $5.00 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, 15 closures on May 31, and 24 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,600 per month, and variable manufacturing overhead is $1.50 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) May June Budgeted Cost of Closures Purchased < Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Manufacturing Overhead < Required 1 Required 2 Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 600 sun visors in May and 390 in June. Each visor sells for $24. Shadee's beginning and ending finished goods inventories for May are 80 and 55 units, respectively. Ending finished goods inventory for June will be 65 units. Each visor requires a total of $5.00 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, 15 closures on May 31, and 24 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,600 per month, and variable manufacturing overhead is $1.50 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) May June Budgeted Cost of Closures Purchased < Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Manufacturing Overhead < Required 1 Required 2

Answer rating: 100% (QA)

C19 fr A C 1 May June 2 Budgeted Sales Units 3 Add Ending ... View the full answer