Please do not give solution in image format thanku Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180. Shadee'sbeginning and ending finished goods inventories for May are 75 and 50 shades, respectively. Ending finished goodsinventory for June will be 60 shades.E8-9 (Static) Preparing Selling and Administrative Expense Budget [LO 8-3g]Each shade requires a total of $40 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have120 poles in direct materials inventory on May 1, 80 poles in inventory on May 31, and 100 poles in inventory on June 30.Suppose that each shade takes three direct labor hours to produce and Shadee pays its workers $9 per hour.Additional information:• Selling costs are expected to be 6 percent of sales.• Fixed administrative expenses per month total $12,000.Required:Prepare Shadee's selling and administrative expense budget for May and June.Budgeted Selling and Administrative ExpensesMayJune

The sales budget is prepared to estimate the sales for the period.The selling and Administrative…

Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180. Shadee's beginning and ending finished goods inventories for May are 75 and 50 shades, respectively. Ending finished goods inventory for June will be 60 shades. 8-9 (Static) Preparing Selling and Administrative Expense Budget [LO 8-3g] ach shade requires a total of $40 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to h O poles in direct materials inventory on May 1, 80 poles in inventory on May 31, and 100 poles in inventory on June 30. uppose that each shade takes three direct labor hours to produce and Shadee pays its workers $9 per hour. additional information: Selling costs are expected to be 6 percent of sales. Fixed administrative expenses per month total $12,000. equired: epare Shadee's selling and administrative expense budget for May and June. Budgeted Selling and Administrative Expenses May June

Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180. Shadee's beginning and ending finished goods inventories for May are 75 and 50 shades, respectively. Ending finished goods inventory for June will be 60 shades. 8-9 (Static) Preparing Selling and Administrative Expense Budget [LO 8-3g] ach shade requires a total of $40 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to h O poles in direct materials inventory on May 1, 80 poles in inventory on May 31, and 100 poles in inventory on June 30. uppose that each shade takes three direct labor hours to produce and Shadee pays its workers $9 per hour. additional information: Selling costs are expected to be 6 percent of sales. Fixed administrative expenses per month total $12,000. equired: epare Shadee's selling and administrative expense budget for May and June. Budgeted Selling and Administrative Expenses May June

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 3PB: TIB makes custom guitars and prepared the following sales budget for the second quarter It also has...

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