Shadee Corporation expects to sell 620 sun shades in May and 330 in June. Each shade sells for $158. Shadee's beginning and ending finished goods inventories for May are 75 and 40 shades, respectively. Ending finished goods inventory for June will be 60 shades. E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e] Each shade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materials inventory on May 1, 90 poles in inventory on May 31, and 110 poles in inventory on June 30. Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Poles Purchased May June
Shadee Corporation expects to sell 620 sun shades in May and 330 in June. Each shade sells for $158. Shadee's beginning and ending finished goods inventories for May are 75 and 40 shades, respectively. Ending finished goods inventory for June will be 60 shades. E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e] Each shade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to have 130 in direct materials inventory on May 1, 90 poles in inventory on May 31, and 110 poles in inventory on June 30. Required: Prepare Shadee's May and June purchases budget for the adjustable poles. Budgeted Cost of Poles Purchased May June
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Shadee Corporation expects to sell 620 sun shades in May and 330 in June. Each shade sells for $158. Shadee's
beginning and ending finished goods inventories for May are 75 and 40 shades, respectively. Ending finished goods
inventory for June will be 60 shades.
E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e]
Each shade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to
have 130 in direct materials inventory on May 1, 90 poles in inventory on May 31, and 110 poles in inventory on June 30.
Required:
Prepare Shadee's May and June purchases budget for the adjustable poles.
Budgeted Cost of Poles Purchased
May
June](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff7866285-aa31-4b97-bd88-8e8434bf5758%2F79e39cc3-8f64-472e-8f20-baa1b338ffae%2Fuvqghmvj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Shadee Corporation expects to sell 620 sun shades in May and 330 in June. Each shade sells for $158. Shadee's
beginning and ending finished goods inventories for May are 75 and 40 shades, respectively. Ending finished goods
inventory for June will be 60 shades.
E8-6 (Algo) Preparing Direct Materials Purchases Budget [LO 8-3c, e]
Each shade requires a total of $60.00 in direct materials that includes 4 adjustable poles that cost $10.00 each. Shadee expects to
have 130 in direct materials inventory on May 1, 90 poles in inventory on May 31, and 110 poles in inventory on June 30.
Required:
Prepare Shadee's May and June purchases budget for the adjustable poles.
Budgeted Cost of Poles Purchased
May
June
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