Required Information The Following Information Applies To The Questions Displayed Below Shadee Corp Expects To Sel 1 (58.49 KiB) Viewed 11 times
Required Information The Following Information Applies To The Questions Displayed Below Shadee Corp Expects To Sel 2 (58.51 KiB) Viewed 11 times
! Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 600 sun visors in May and 380 in June. Each visor sells for $22. Shadee's beginning and ending finished goods inventories for May are 85 and 50 units, respectively. Ending finished goods inventory for June will be 65 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 $2.00 each, Shadee wants to have 33 closures on hand on May 1, 19 closures on May 31, and 26 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,100 per month, and variable manufacturing overhead is $2.25 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 2. Determine Shadee's budget manufacturing overhead for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.) Budgeted Cost of Closures Purchased May June. Required 2 >
0 Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 600 sun visors in May and 380 in June. Each visor sells for $22. Shadee's beginning and ending finished goods inventories for May are 85 and 50 units, respectively. Ending finished goods inventory for June will be 65 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 $2.00 each. Shadee wants to have 33 closures on hand on May 1, 19 closures on May 31, and 26 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,100 per month, and variable manufacturing overhead is $2.25 per unit produced. Required: 1. Determine Shadee's budgeted cost of closures purchased for May and June. 2. Determine Shadee's budget manufacturing overhead for May and June, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) Budgeted Manufacturing Overhead May Juno < Required 1
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