Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below] Shadee Corporation expects to sell 590 sun shades in May and 360 in June. Each shade sells for $146. Shadee's beginning and ending finished goods inventories for May are 80 and 45 shades, respectively. Ending finished goods inventory for June will be 65 shades. E8-7 (Algo) Preparing Direct Labor and Manufacturing Overhead Budgets [LO 8-3d] Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $13 per hour. Additionally, Shadee's fixed manufacturing overhead is $8,000 per month, and variable manufacturing overhead is $10 per unit produced. Required: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Shadee's direct labor budget for May and June. Note: Do not round your intermediate calculations. Round your answers to 2 decimal pla May Budgeted Direct Labor Cost June Required 2 >

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
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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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Required information
SB Exercise E8-5 to E8-10
[The following information applies to the questions displayed below.]
CCk my work
Shadee Corporation expects to sell 590 sun shades in May and 360
in June. Each shade sells for $146. Shadee's beginning and ending
finished goods inventories for May are 80 and 45 shades,
respectively. Ending finished goods inventory for June will be 65
shades.
E8-7 (Algo) Preparing Direct Labor and Manufacturing Overhead
Budgets [LO 8-3d]
Suppose that each shade takes three direct labor hour to produce and Shadee pays
its workers $13 per hour. Additionally, Shadee's fixed manufacturing overhead is
$8,000 per month, and variable manufacturing overhead is $10 per unit produced.
Required:
1. Prepare Shadee's direct labor budget for May and June.
2. Prepare Shadee's manufacturing overhead budget for May and June.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Prepare Shadee's direct labor budget for May and June.
Note: Do not round your intermediate calculations. Round your answers to 2 decimal place
May
Budgeted Direct Labor Cost
June
Required 2 >
Transcribed Image Text:! Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.] CCk my work Shadee Corporation expects to sell 590 sun shades in May and 360 in June. Each shade sells for $146. Shadee's beginning and ending finished goods inventories for May are 80 and 45 shades, respectively. Ending finished goods inventory for June will be 65 shades. E8-7 (Algo) Preparing Direct Labor and Manufacturing Overhead Budgets [LO 8-3d] Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $13 per hour. Additionally, Shadee's fixed manufacturing overhead is $8,000 per month, and variable manufacturing overhead is $10 per unit produced. Required: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Shadee's direct labor budget for May and June. Note: Do not round your intermediate calculations. Round your answers to 2 decimal place May Budgeted Direct Labor Cost June Required 2 >
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