! Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 630 sun shades in May and 420 in June. Each shade sells for $137. Shadee's beginning and ending finished goods inventories for May are 70 and 45 shades, respectively. Ending finished goods inventory for June will be 60 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 $11,000 per month, and variable manufacturing overhead is $13 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 June Budgeted Direct Labor Cost
! Required information SB Exercise E8-5 to E8-10 [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 630 sun shades in May and 420 in June. Each shade sells for $137. Shadee's beginning and ending finished goods inventories for May are 70 and 45 shades, respectively. Ending finished goods inventory for June will be 60 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 $11,000 per month, and variable manufacturing overhead is $13 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 June Budgeted Direct Labor Cost
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required information
SB Exercise E8-5 to E8-10
[The following information applies to the questions displayed below.]
Shadee Corporation expects to sell 630 sun shades in May and 420
in June. Each shade sells for $137. Shadee's beginning and ending
finished goods inventories for May are 70 and 45 shades,
respectively. Ending finished goods inventory for June will be 60
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
$11,000 per month, and variable manufacturing overhead is $13 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
June
Budgeted Direct Labor Cost](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3e173eae-f9c1-4d9f-93f4-3a1e722ff78a%2F15714933-350d-43c6-8d64-00d48fb786af%2Feiray_processed.png&w=3840&q=75)
Transcribed Image Text:!
Required information
SB Exercise E8-5 to E8-10
[The following information applies to the questions displayed below.]
Shadee Corporation expects to sell 630 sun shades in May and 420
in June. Each shade sells for $137. Shadee's beginning and ending
finished goods inventories for May are 70 and 45 shades,
respectively. Ending finished goods inventory for June will be 60
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
$11,000 per month, and variable manufacturing overhead is $13 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
June
Budgeted Direct Labor Cost
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