! Required information [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 570 sun shades in May and 380 in June. Each shade sells for $150. Shadee's beginning and ending finished goods inventories for May are 75 and 55 shades, respectively. Ending finished goods inventory for June will be 60 shades. Each shade requires a total of $50.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 120 in direct materials inventory on May 1, 80 poles in inventory on May 31, and 120 poles in inventory on June 30. Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Closures Purchased May June
! Required information [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 570 sun shades in May and 380 in June. Each shade sells for $150. Shadee's beginning and ending finished goods inventories for May are 75 and 55 shades, respectively. Ending finished goods inventory for June will be 60 shades. Each shade requires a total of $50.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 120 in direct materials inventory on May 1, 80 poles in inventory on May 31, and 120 poles in inventory on June 30. Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Closures Purchased May June
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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