Shadee Corporation expects to sell 530 sun shades in May and 450 in June. Each...
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Accounting
Shadee Corporation expects to sell sun shades in May and in June. Each shade sells for $ Shadees beginning and ending finished goods inventories for May are and shades, respectively. Ending finished goods inventory for June will be shades.
EAlgo Preparing Cost of Goods Sold Budget LO f
Each shade requires a total of $ in direct materials that includes adjustable poles that cost $ each. Shadee expects to have in direct materials inventory on May poles in inventory on May and poles in inventory on June
Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $ per hour. Additionally, Shadees fixed manufacturing overhead is $ per month, and variable manufacturing overhead is $ per unit produced.
Use the information and solutions presented to complete the requirements.
Required:
Determine Shadees budgeted manufacturing cost per shade. Note: Assume that fixed overhead per unit is $
Prepare Shadees budgeted cost of goods sold for May and June.
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