hadee Corporation expects to sell 530 sun shades in May and 380 in June. Each shade sells for $142 Shadees beginning and ending finished goods Inventories for May are 90 and 45 shades, respectively. Ending finished goods Inventory for June will be 70 shades. Each shade requires a total of $45.00 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, 90 poles in Inventory on May 31, and 100 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 WHEN
hadee Corporation expects to sell 530 sun shades in May and 380 in June. Each shade sells for $142 Shadees beginning and ending finished goods Inventories for May are 90 and 45 shades, respectively. Ending finished goods Inventory for June will be 70 shades. Each shade requires a total of $45.00 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, 90 poles in Inventory on May 31, and 100 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 WHEN
Chapter7: Budgeting
Section: Chapter Questions
Problem 1PB: Lens & Shades sells sunglasses for $37 each and is estimating sales of 21,000 units in January and...
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![Shadee Corporation expects to sell 530 sun shades in May and 380 In June. Each shade sells for $142. Shadee's
beginning and ending finished goods Inventories for May are 90 and 45 shades, respectively. Ending finished goods
Inventory for June will be 70 shades.
Each shade requires a total of $45.00 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, 90 poles In Inventory on May 31, and 100 poles in Inventory on June 30.
Required:
Prepare Shadee's May and June purchases budget for the adjustable poles.
Budgeted Cost of Closures Purchased
S
May
June
THIFIE](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa52aa58d-4d33-4c3e-9803-e5e2200f6087%2Fc535eeb8-429f-4b73-aab5-6fe8449cd2f9%2Fly3t7i7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Shadee Corporation expects to sell 530 sun shades in May and 380 In June. Each shade sells for $142. Shadee's
beginning and ending finished goods Inventories for May are 90 and 45 shades, respectively. Ending finished goods
Inventory for June will be 70 shades.
Each shade requires a total of $45.00 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, 90 poles In Inventory on May 31, and 100 poles in Inventory on June 30.
Required:
Prepare Shadee's May and June purchases budget for the adjustable poles.
Budgeted Cost of Closures Purchased
S
May
June
THIFIE
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