Shadee Corporation expects to sell 510 sun shades in May and 440 in June. Each shade sells for $147. Shadee's beginning and ending finished goods inventories for May are 85 and 55 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 $15 per hour. Additionally, Shadee's fixed manufacturing overhead is $11,000 per month, and variable manufacturing overhead is $11 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.
Shadee Corporation expects to sell 510 sun shades in May and 440 in June. Each shade sells for $147. Shadee's beginning and ending finished goods inventories for May are 85 and 55 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 $15 per hour. Additionally, Shadee's fixed manufacturing overhead is $11,000 per month, and variable manufacturing overhead is $11 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.
Chapter1: Financial Statements And Business Decisions
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![[The following information applies to the questions displayed below.]
Shadee Corporation expects to sell 510 sun shades in May and 440 in June. Each shade sells for $147. Shadee's
beginning and ending finished goods inventories for May are 85 and 55 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 $15 per hour. Additionally, Shadee's
fixed manufacturing overhead is $11,000 per month, and variable manufacturing overhead is $11 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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1101b12a-f544-4cff-a511-6ca515ca8b1d%2F191706d1-e60b-4247-9fc2-3d2101639a92%2Fstj26n_processed.jpeg&w=3840&q=75)
Transcribed Image Text:[The following information applies to the questions displayed below.]
Shadee Corporation expects to sell 510 sun shades in May and 440 in June. Each shade sells for $147. Shadee's
beginning and ending finished goods inventories for May are 85 and 55 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 $15 per hour. Additionally, Shadee's
fixed manufacturing overhead is $11,000 per month, and variable manufacturing overhead is $11 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.
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