Shadee Corp. expects to sell 560 sun visors in May and 330 in June. Each...
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Accounting
Shadee Corp. expects to sell sun visors in May and in June. Each visor sells for $ Shadees beginning and ending finished goods inventories for May are and units, respectively. Ending finished goods inventory for June will be units.
Each visor requires a total of $ in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $ each. Shadee wants to have closures on hand on May closures on May and closures on June and variable manufacturing overhead is $ per unit produced. Suppose that each visor takes direct labor hours to produce and Shadee pays its workers $ per hour.
Required:
Determine Shadees budgeted manufacturing cost per visor. Note: Assume that fixed overhead per unit is $
Compute the Shadees budgeted cost of goods sold for May and June.
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