1580 sun shades in May and 390 in June. Each shade sells for $147. Shades eginning and ending finished goods inventories for May are 80 and 40 shades, respectively. Ending finished ventory for June will be 65 shades. ade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shade O in direct materials inventory on May 1, 90 poles in inventory on May 31, and 100 poles in inventory on June 3 e that each shade takes three direct labor hour to produce and Shadee pays its workers $12 per hour. Addition manufacturing overhead is $12,000 per month, and variable manufacturing overhead is $12 per unit produced. nal information: ng costs are expected to be 11 percent of sales. administrative expenses per month total $1,300. ed: Shadee's budgeted income statement for the months of May and June. Do not round your intermediate calculations. Round your answers to 2 decimal places.
1580 sun shades in May and 390 in June. Each shade sells for $147. Shades eginning and ending finished goods inventories for May are 80 and 40 shades, respectively. Ending finished ventory for June will be 65 shades. ade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shade O in direct materials inventory on May 1, 90 poles in inventory on May 31, and 100 poles in inventory on June 3 e that each shade takes three direct labor hour to produce and Shadee pays its workers $12 per hour. Addition manufacturing overhead is $12,000 per month, and variable manufacturing overhead is $12 per unit produced. nal information: ng costs are expected to be 11 percent of sales. administrative expenses per month total $1,300. ed: Shadee's budgeted income statement for the months of May and June. Do not round your intermediate calculations. Round your answers to 2 decimal places.
Chapter7: Budgeting
Section: Chapter Questions
Problem 1PA: Lens Junction sells lenses for $45 each and is estimating sales of 15,000 units in January and...
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