Required information [The following information applies to the questions displayed below.] Shadee Corporation expects to...
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Required information [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 630 sun shades in May and 400 in June. Each shade sells for $150. Shadee's beginning and ending finished goods inventories for May are 90 and 50 shades, respectively. Ending finished goods inventory for June will be 60 shades. Sach shade requires a total of $55.00 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to nave 130 in direct materials inventory on May 1, 80 poles in inventory on May 31, and 110 poles in inventory on June 30. Required: Prepare Shadee's May and June purchases budget for the adjustable poles
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