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| e Home l Chegg.com Ch 8 HW tpx The tollowing informaion appies to the question

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Question

| e Home l Chegg.com Ch 8 HW tpx The tollowing informaion appies to the questions displayed below. Shadee Corp expect to el 550 aun visors in May and 430 in June. Each vior ells for $19. Shadee's beginning and ending nished goods inventories for May are 65 and 60 unis, respectively. Ending finiahed goods inventory for June will be 0 units. 11. OS0 Rexquired information 0.50 paints Required: 1, Detemine Shedee's budgeted total seles for May and June. May Butgotod Total Salos 10,450 $ 8,17 2. Determine Shadeo's budgotod production in units for May and Jun. May June 545 430 Budgeted Production Units) Hints References Book & Resources Hint#1 Required information 1.00 poits Each visor requires a total of $5.00 in direct materials that includes an adjustable closure that the company purchases fram a supplier at a cost of $2.50 each Shadee wants to have 34 dosures on hand on May 1, 20 dosures on May 31, and 25 closures on June 30 Additionally, Shadee's fixed manufacturing overhead is $1,400 per morth, and variable manufacturing overhead is $2.25 per unit produced Required 1. Determine Shadee's budgeted cost of cosures purchased for May and June. (Round your answers to 2 decimal places.) Budgoted Cost of Closures Purchased Type here to search Em ENG 5:52 PM 117/2017 20

Explanation / Answer

Budgeted Cost of closure purchased is:

Manufacturing overhead cost is as shown below:

Budgeted Direct labour cost for june

Shadee Corp Raw Material Purchase Budget Particulars May June Total Planned production units (a) 545 430 975 *Direct Material required per unit (b) 5.0 5.0 10.0 Direct Material Required for production (c ) 2,725 2,150 9,750 Budgeted ending Direct Material (d) 20 25 837 Beginning Direct Material (e ) 34 20 675 Budgeted direct material purchase f= c+d-e 2,711 2,155 9,912 Cost per unit (g) $2.5 $2.5 $2.5 BudgetedDM purchases $6,777.50 $5,387.50 $24,780.00