60.1K

Verified Solution

Link Copied!

$[$The following information applies to the questions displayed below.$]$

Shadee Corporation expects to sell $610$ sun shades in May and $400$ in June. Each shade sells for $$147.$

Shadee's beginning and ending finished goods inventories for May are $80$ and $45$ shades, respectively.

Each shade requires a total of $$45\mathrm{.}00$ in direct materials that includes $4$ adjustable poles that cost $$10\mathrm{.}00$ each. Shadee

expects to have $130$ in direct materials inventory on May $1,100$ pales in inventory on May $31,$ and $110$ poles in inventory

on June $30.$

Suppose that each shade takes three direct labor hour to produce and Shadee pays its wC $515$ per hour.

Additionally, Shadee's fixed manufacturing overhead is $$12,0,00$ per month, and variable maturing overread is

$$10$ per unit produced.

Use the information and solutions presented to complete the requirements.

Required:

Determine Shadee's budgeted manufacturing cost per shade. $($Note: Assume that fixed overhead per unit is $$20.)$

Prepare Shadee's budgeted cost of goods sold for May and June.

Complete this question by entering your answers in the tabs below.

Determine Shadee's budgeted manufacturing cost per visor. $($Note: Assume that fixed

overhead per unit is $$20.)$

Note: Round your answer to $2$ decimal places.

Show less $$

Answer & Explanation Solved by verified expert

See Answer