Shadee Corp. expects to sell 560 sun visors in May and 340 in June. Each...
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Shadee Corp. expects to sell 560 sun visors in May and 340 in June. Each visor sells for $18. Shadee's beginning and ending finished goods inventories for May are 90 and 60 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 $1.50 each. Shadee wants to have 25 closures on hand on May 1, 20 closures on May 31, and 27 closures on June 30 and variable manufacturing overhead is $2.00 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $7 per hour. Required: 1. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $3.) 2. Compute the Shadee's budgeted cost of goods sold for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $3.) (Round your answer to 2 decimal places.) Manufacturing Cost per Unit Required 1 Required 2 >
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