Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to...
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Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 550 sun visors in May and 440 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 85 and 60 units, respectively. Ending finished goods inventory for June will be 60 units. Required: 1. Determine Shadee's budgeted total sales for May and June. May June Budgeted Total Sales 2. Determine Shadee's budgeted production in units for May and June. May June Budgeted Production (Units) Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 550 sun visors in May and 440 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 85 and 60 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 32 closures on hand on May 1, 21 closures on May 31, and 25 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,200 per month, and variable manufacturing overhead is $2.50 per unit produced. Required: 1. 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 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 information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 550 sun visors in May and 440 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 85 and 60 units, respectively. Ending finished goods inventory for June will be 60 units. Suppose that each visor takes 0.40 direct labor hours to produce and Shadee pays its workers $8 per hour. Required: Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) May June Budgeted Direct Labor Cost
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