The following information applies to the questions displayed below.] Shadee Corp. expects to sell 630 sun visors in May and 410 in June. Each visor sells for $24. Shadee’s beginning and ending finished goods inventories for May are 75 and 45 units, respectively. Ending finished goods inventory for June will be 60 units. ! Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 31 closures on hand on May 1, 23 closures on May 31, and 20 closures on June 30 and variable manufacturing overhead is $1.75 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $8 per hour. Required: 1. Determine Shadee’s budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $4.) 2. Compute the Shadee’s budgeted cost of goods sold for May and June. Required 1 Required 2 Complete this question by entering your answers in the tabs below. Compute the Shadee’s budgeted cost of goods sold for May and June. (Round your interm
[The following information applies to the questions displayed
below.]
Shadee Corp. expects to sell 630 sun visors in May and 410 in
June. Each visor sells for $24. Shadee’s beginning and ending
finished goods inventories for May are 75 and 45 units,
respectively. Ending finished goods inventory for June will be 60
units.
!
Each visor requires a total of $4.00 in direct materials that includes an adjustable
closure that the company purchases from a supplier at a cost of $1.50 each. Shadee
wants to have 31 closures on hand on May 1, 23 closures on May 31, and 20 closures
on June 30 and variable manufacturing
Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays
its workers $8 per hour.
Required:
1. Determine Shadee’s budgeted
fixed overhead per unit is $4.)
2. Compute the Shadee’s budgeted cost of goods sold for May and June.
Required 1 Required 2
Complete this question by entering your answers in the tabs below.
Compute the Shadee’s budgeted cost of goods sold for May and June. (Round your interm
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