Required information [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 610 sun shades in May and 430 in June. Each shade sells for $151. Shadee's beginning and ending finished goods inventories for May are 80 and 45 shades, respectively. Ending finished goods inventory for June will be 60 shades. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $13 per hour. Additionally, Shadee's fixed manufacturing overhead is $9,000 per month, and variable manufacturing overhead is $14 per unit produced. Required: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June.
Required information [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 610 sun shades in May and 430 in June. Each shade sells for $151. Shadee's beginning and ending finished goods inventories for May are 80 and 45 shades, respectively. Ending finished goods inventory for June will be 60 shades. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $13 per hour. Additionally, Shadee's fixed manufacturing overhead is $9,000 per month, and variable manufacturing overhead is $14 per unit produced. Required: 1. Prepare Shadee's direct labor budget for May and June. 2. Prepare Shadee's manufacturing overhead budget for May and June.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Required information
[The following information applies to the questions displayed below.]
Shadee Corporation expects to sell 610 sun shades in May and 430 in June. Each shade sells
for $151. Shadee's beginning and ending finished goods inventories for May are 80 and 45
shades, respectively. Ending finished goods inventory for June will be 60 shades.
Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $13 per hour.
Additionally, Shadee's fixed manufacturing overhead is $9,000 per month, and variable manufacturing overhead
is $14 per unit produced.
Required:
1. Prepare Shadee's direct labor budget for May and June.
2. Prepare Shadee's manufacturing overhead budget for May and June.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
X Answer is not complete.
Prepare Shadee's manufacturing overhead budget for May and June.
Budgeted Manufacturing Overhead
May
$90,009,000 X
< Required 1
June
Required 2 >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F06a3ca83-b98a-4dd3-9639-3905786c01a4%2F019ebf56-676e-41de-a607-67e72743cc16%2Fc4vlm8b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below.]
Shadee Corporation expects to sell 610 sun shades in May and 430 in June. Each shade sells
for $151. Shadee's beginning and ending finished goods inventories for May are 80 and 45
shades, respectively. Ending finished goods inventory for June will be 60 shades.
Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $13 per hour.
Additionally, Shadee's fixed manufacturing overhead is $9,000 per month, and variable manufacturing overhead
is $14 per unit produced.
Required:
1. Prepare Shadee's direct labor budget for May and June.
2. Prepare Shadee's manufacturing overhead budget for May and June.
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
X Answer is not complete.
Prepare Shadee's manufacturing overhead budget for May and June.
Budgeted Manufacturing Overhead
May
$90,009,000 X
< Required 1
June
Required 2 >
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