SB Exercise E8-5 to E8-10 The following information applies to the questions dis
ID: 2516477 • Letter: S
Question
SB Exercise E8-5 to E8-10 The following information applies to the questions displayed below.] Shadee Corp. expects to sell 600 sun visors in May and 410 in June. Each visor sells for $19. Shadee's beginning and ending finished goods inventories for May are 75 and 40 units, respectively. Ending finished goods inventory for June will be 70 units. References Section Break SB Exercise E8-5 to E8-10 Required information value: 2.00 points E8-6 Preparing Raw Materials Purchases and Manufacturing Overhead Budgets [LO 8-3c, e] Each visor requires a total of $3.50 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 29 closures on hand on May 1, 15 closures on May 31, and 24 closures on June 30. Additionally, Shadee's fixed manufacturing overhead is $1,500 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. (Round your answers to 2 decimal places.) Budgeted Cost of Closures Purchased 2. Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) une Budgeted Manufacturing Overhead Hints References eBook& Resources Hint #1 Required information value 2.00 points E8-7 Preparing Direct Labor Budget [LO 8-3d] Suppose that each visor takes 0.70 direct labor hours to produce and Shadee pays its workers $8 per hour. Required Determine Shadee's budgeted direct labor cost for May and June. (Do not round your intermediate values. Round your answers to 2 decimal places.) Ma un Budgeted Direct Labor CostExplanation / Answer
1)
2)
3)
may june unit sold 600 410 ending Finished goodss 40 70 less:beginning FG (75) (40) unit produced 565 440Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.