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
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
Chapter1: Financial Statements And Business Decisions
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