Required information SB Exercise EB-5 to E8-10 [The following information applies to the questions displayed below.) Shadee Corporation expects to sell 610 sun shades in May and 400 in June. Each shade sells for $160. Shadee's beginning and ending finished goods inventories for May are 80 and 55 shades, respectively. Ending finished goods inventory for June will be 60 shades. E8-6 (Algo) Preparing Direct Materials Purchases Budget (LO 8-3c, e) Each shade requires a total of $65.00 in direct materials that includes 4 adjustable poles that cost $5.00 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. Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Closures Purchased May June
Required information SB Exercise EB-5 to E8-10 [The following information applies to the questions displayed below.) Shadee Corporation expects to sell 610 sun shades in May and 400 in June. Each shade sells for $160. Shadee's beginning and ending finished goods inventories for May are 80 and 55 shades, respectively. Ending finished goods inventory for June will be 60 shades. E8-6 (Algo) Preparing Direct Materials Purchases Budget (LO 8-3c, e) Each shade requires a total of $65.00 in direct materials that includes 4 adjustable poles that cost $5.00 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. Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Closures Purchased May June
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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shobha
![Required information
SB Exercise E8-5 to E8-10
[The following information applies to the questions displayed below.)
Shadee Corporation expects to sell 610 sun shades in May and 400 in June. Each shade sells for $160. Shadee's
beginning and ending finished goods inventories for May are 80 and 55 shades, respectively. Ending finished goods
inventory for June will be 60 shades.
E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e]
Each shade requires a total of $65.00 in direct materials that includes 4 adjustable poles that cost $5.00 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.
Required:
Prepare Shadee's May and June purchases budget for the adjustable poles.
Budgeted Cost of Closures Purchased
May
June](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F303d194f-7260-400c-a9cd-899bcd0e514c%2F778337f1-7b76-4097-8e99-8c91ec604b15%2Fy44fjoh_processed.jpeg&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 610 sun shades in May and 400 in June. Each shade sells for $160. Shadee's
beginning and ending finished goods inventories for May are 80 and 55 shades, respectively. Ending finished goods
inventory for June will be 60 shades.
E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e]
Each shade requires a total of $65.00 in direct materials that includes 4 adjustable poles that cost $5.00 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.
Required:
Prepare Shadee's May and June purchases budget for the adjustable poles.
Budgeted Cost of Closures Purchased
May
June
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