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p. expects to sell 620 sun visors in May and 380 in June. Each visor sells for $22 Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 60 units Each visor requires a total of $4.50 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 26 closures on hand on May1, 18 closures on May 31, and 27 closures on June 30. Additionally. Shadee's fored manufacturing overhead is $800 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

p. expects to sell 620 sun visors in May and 380 in June. Each visor sells for $22 Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 60 units Each visor requires a total of $4.50 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 26 closures on hand on May1, 18 closures on May 31, and 27 closures on June 30. Additionally. Shadee's fored manufacturing overhead is $800 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

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter7: Budgeting
Section: Chapter Questions
Problem 14PA: Total Pops data show the following information: New machinery will be added in April. This machine...
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Shadee Corp. expects to sell 620 sun visors in May and 380 in June. Each visor sells for $22 Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $4.50 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 26 closures on hand on May 1, 18 closures on May 31, and 27 closures on June 30. Additionally. Shadee's fixed manufacturing overhead is $800 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 manúfacturing 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 answeos to 2 decimal places.) May Juno Budgeted Cost of Closures Purchased
Transcribed Image Text:Shadee Corp. expects to sell 620 sun visors in May and 380 in June. Each visor sells for $22 Shadee's beginning and ending finished goods inventories for May are 90 and 50 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $4.50 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 26 closures on hand on May 1, 18 closures on May 31, and 27 closures on June 30. Additionally. Shadee's fixed manufacturing overhead is $800 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 manúfacturing 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 answeos to 2 decimal places.) May Juno Budgeted Cost of Closures Purchased
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