Shadee Corporation expects to sell 520 sun shades in May and 430 in June. Each shade sells for $165. Shadee's beginning and ending finished goods inventories for May are 85 and 45 shades, respectively. Ending finished goods inventory for June will be 50 shades. Required: 1. Prepare Shadee's sales budget for May and June 2. Prepare Shadee's production budget for May and June

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Shadee Corporation expects to sell 520 sun shades in May and 430 in June. Each shade sells for $165. Shadee's
beginning and ending finished goods inventories for May are 85 and 45 shades, respectively, Ending finished goods
inventory for June will be 50 shades.
Required:
1. Prepare Shadee's sales budget for May and June
2. Prepare Shadee's production budget for May and June
Transcribed Image Text:Shadee Corporation expects to sell 520 sun shades in May and 430 in June. Each shade sells for $165. Shadee's beginning and ending finished goods inventories for May are 85 and 45 shades, respectively, Ending finished goods inventory for June will be 50 shades. Required: 1. Prepare Shadee's sales budget for May and June 2. Prepare Shadee's production budget for May and June
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