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 590 sun visors in May and 360 in June Each visor sells for $22. Shadee's beginning and ending finished goods Inventories for May are 70 and 40 units, respectively. Ending finished goods Inventory for June will be 50 units Each visor requires a total of $5.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each Shadee wants to have 34 closures on hand on May 1, 20 closures on May 31, and 24 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0 20 direct labor hours to produce and Shadee pays its workers $7 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor (Note: Assume that fixed overhead per unit is $6.) 2. Compute the Shadee's budgeted cost of goods sold for May and June Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $6.) (Round your answer to 2 decimal places.) Marturing Coster Unit Required Required 2 >
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