Shadee Corporation expects to sell 640 sun shades in May and 440 in June. Each shade sells for $160. Shadee's beginning and ending finished goods inventories for May are 75 and 45 shades, respectively. Ending finished goods inventory for June will be 60 shades. E8-5 (Algo) Calculating Sales and Production Budgets [LO 8-3a, b] Required: 1. Prepare Shadee's sales budget for May and June. 2. Prepare Shadee's production budget for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Shadee's sales budget for May and June. Budgeted Total Sales May 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 640 sun shades in May and 440 in June. Each shade sells for $160. Shadee's
beginning and ending finished goods inventories for May are 75 and 45 shades, respectively. Ending finished goods
inventory for June will be 60 shades.
E8-5 (Algo) Calculating Sales and Production Budgets [LO 8-3a, b]
Required:
1. Prepare Shadee's sales budget for May and June.
2. Prepare Shadee's production budget for May and June.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Prepare Shadee's sales budget for May and June.
Budgeted Total Sales
May
June
Transcribed Image Text:Shadee Corporation expects to sell 640 sun shades in May and 440 in June. Each shade sells for $160. Shadee's beginning and ending finished goods inventories for May are 75 and 45 shades, respectively. Ending finished goods inventory for June will be 60 shades. E8-5 (Algo) Calculating Sales and Production Budgets [LO 8-3a, b] Required: 1. Prepare Shadee's sales budget for May and June. 2. Prepare Shadee's production budget for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Shadee's sales budget for May and June. Budgeted Total Sales May June
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