Complete Shadee's budgeted income statement for the months of May and June. Required information [The following information applies to the questions displayed below.] Shadee Corp. expects to sell 550 sun visors in May and 310 in June. Each visor sells for $32. Shadee's beginning and ending finished goods inventories for May are 85 and 50 units, respectively. Ending finished goods inventory for June will be 65 units. Each visor requires a total of $5.00 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 28 closures on hand on May 1, 17 closures on May 31, and 26 closures on June 30 and variable manufacturing overhead is $2.75 per unit produced. Suppose that each visor takes 0.80 direct labor hours to produce and Shadee pays its workers $12 per hour. Additional information: • Selling costs are expected to be 9 percent of sales. • Fixed administrative expenses per month total $1,10o. Required: Complete Shadee's budgeted income statement for the months of May and June. (Note: Assume that fixed overhead per unit is $5.00.) (Do not round your intermediate calculations. Round your answers to 2 decimal places.) SHADEE CORP. Budgeted Income Statement May June Budgeted Gross Margin Budgeted Net Operating Income

Milo Company manufactures beach umbrellas. The company is preparing detailed budgets for the third quarter and has assembled the following information to assist in the budget preparation: a. The Marketing Department has estimated sales as follows for the remander of the year (in units): July August Septemben 33,000 October 76,000 November 45,000 December 23,000 9,500 10,000 The selling price of the beach umbrellas is $15 per unit. b. All sales are on account. Based on past experience, sales are collected in the following pattern: 30% in the month of sale 65% in the month following sale 5% uncollectible Sales for June totaled $375,000. The company maintains finished goods inventories equal to 15% of the following month's sales. This requirement will be met at the end of June. Each beach umbrella requires 4 feet of Gilden, a material that is sometimes hard to acquire. Therefore, the company requires that the ending inventory of Gilden be equal to 50% of the following month's production…

! Required information The following information applies to the questions displayed below.) Shadee Corporation expects to sell 540 sun shades in May and 310 in June. Each shade sells for $156. Shadee's beginning and ending finished goods inventories for May are 65 and 55 shades, respectively. Ending finished goods inventory for June will be 50 shades. Required: 1. Prepare Shadee's sales budget for May and June. 2. Prepare Shadee's production budget for May and June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare Shadee's sales budget for May and June. Budgeted Total Sales May June Required 1 Required 2 >

Dolson Appliances makes coffee machines for offices and homes. For next year, the production budget is 135,000 units. Beginning inventories will be 15,000 units and the desired ending inventory will be 13,000 units. Required: What is the sales budget for the coming year for Dolson Appliances? Sales budget units