Shadee Corporation expects to sell 550 sun shades in May and 380 in June. Each shade sells for $153. Shadee's beginning and ending finished goods inventories for May are 75 and 55 shades, respectively. Ending finished goods inventory for June will be 65 shades. Each shade requires a total of $65.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materials inventory on May 1, 100 poles in inventory on May 31, and 110 poles in inventory on June 30. Prepare Shadee's May and June purchases budget for the ADJUSTABLE poles. Budgeted Cost of Closures Purchased May/June

Shadee Corporation expects to sell 550 sun shades in May and 380 in June. Each shade sells for $153. Shadee's beginning and ending finished goods inventories for May are 75 and 55 shades, respectively. Ending finished goods inventory for June will be 65 shades. Each shade requires a total of $65.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materials inventory on May 1, 100 poles in inventory on May 31, and 110 poles in inventory on June 30. Prepare Shadee's May and June purchases budget for the ADJUSTABLE poles. Budgeted Cost of Closures Purchased May/June

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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