Shadee Corp. expects to sell 610 sun visors in May and 430 in June. Each visor...

Shadee Corp. expects to sell 610 sun visors in May and 430 in June. Each visor sells for $15. Shadee’s beginning and ending finished goods inventories for May are 85 and 60 units, respectively. Ending finished goods inventory for June will be 55 units.

Required:
1. Determine Shadee's budgeted total sales for May and June.

2. Determine Shadee's budgeted production in units for May and June.

Solutions

Expert Solution

Ending Inventory of May will be Beginning Inventory for June = 60 units

Calculations	Particulars	May	June
A	Sales	610	430
B	Opening Inventory	85	60
C	Closing Inventory	60	55
D = A+C-B	Budgeted Production	585	425
E	Selling Price per unit	15	15
F = A x E	Budgeted Sales	9,150	6,450

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

Shadee Corp. expects to sell 520 sun visors in May and 430 in June. Each visor...

Shadee Corp. expects to sell 520 sun visors in May and 430 in June. Each visor sells for $20. Shadee’s beginning and ending finished goods inventories for May are 70 and 60 units, respectively. Ending finished goods inventory for June will be 60 units. 1. Determine Shadee's budgeted total sales for May and June. 2. Determine Shadee's budgeted production in units for May and June. Each visor requires a total of $4.50 in direct materials that includes an adjustable closure...

Shadee Corp. expects to sell 640 sun visors in May and 430 in June. Each visor...

Shadee Corp. expects to sell 640 sun visors in May and 430 in June. Each visor sells for $17. Shadee’s beginning and ending finished goods inventories for May are 75 and 55 units, respectively. Ending finished goods inventory for June will be 70 units. Each visor requires a total of $5.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 33 closures on hand...

Shadee Corp. expects to sell 590 sun visors in May and 430 in June. Each visor...

Shadee Corp. expects to sell 590 sun visors in May and 430 in June. Each visor sells for $25. Shadee’s beginning and ending finished goods inventories for May are 80 and 45 units, respectively. Ending finished goods inventory for June will be 70 units E8-6 Preparing Raw Materials Purchases and Manufacturing Overhead Budgets [LO 8-3c, e] Each visor requires a total of $3.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a...

Shadee Corp. expects to sell 510 sun visors in May and 430 in June. Each visor...

Shadee Corp. expects to sell 510 sun visors in May and 430 in June. Each visor sells for $17. Shadee’s beginning and ending finished goods inventories for May are 80 and 40 units, respectively. Ending finished goods inventory for June will be 70 units. Each visor requires a total of $4.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.00 each. Shadee wants to have 27 closures on hand...

Shadee Corp. expects to sell 620 sun visors in May and 430 in June. Each visor...

Shadee Corp. expects to sell 620 sun visors in May and 430 in June. Each visor sells for $16. Shadee’s beginning and ending finished goods inventories for May are 65 and 45 units, respectively. Ending finished goods inventory for June will be 70 units. Required information Required: 1. Determine Shadee's budgeted total sales for May and June. 2. Determine Shadee's budgeted production in units for May and June. Each visor requires a total of $4.50 in direct materials that includes...

Shadee Corp. expects to sell 600 sun visors in May and 330 in June. Each visor...

Shadee Corp. expects to sell 600 sun visors in May and 330 in June. Each visor sells for $19. Shadee’s beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 65 units.It expects the following unit sales for the third quarter: July 560 August 470 September 460 Sixty percent of Shadee’s sales are cash. Of the credit sales, 52 percent is collected in the month...

Shadee Corp. expects to sell 500 sun visors in May and 340 in June. Each visor...

Shadee Corp. expects to sell 500 sun visors in May and 340 in June. Each visor sells for $25. Shadee’s beginning and ending finished goods inventories for May are 60 and 55 units, respectively. Ending finished goods inventory for June will be 60 units. Each visor requires a total of $4.00 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 27 closures on hand...

Shadee Corp. expects to sell 590 sun visors in May and 300 in June. Each visor...

Shadee Corp. expects to sell 590 sun visors in May and 300 in June. Each visor sells for $16. Shadee’s beginning and ending finished goods inventories for May are 65 and 55 units, respectively. Ending finished goods inventory for June will be 60 units. It expects the following unit sales for the third quarter: July 500 August 490 September 450 Sixty percent of Shadee’s sales are cash. Of the credit sales, 52 percent is collected in the month of the...

Shadee Corp. expects to sell 590 sun visors in May and 440 in June. Each visor...

Shadee Corp. expects to sell 590 sun visors in May and 440 in June. Each visor sells for $25. Shadee’s beginning and ending finished goods inventories for May are 85 and 60 units, respectively. Ending finished goods inventory for June will be 50 units. Each visor requires a total of $4.50 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $2.50 each. Shadee wants to have 32 closures on hand...

Shadee Corp. expects to sell 560 sun visors in May and 320 in June. Each visor...

Shadee Corp. expects to sell 560 sun visors in May and 320 in June. Each visor sells for $18. Shadee’s beginning and ending finished goods inventories for May are 70 and 45 units, respectively. Ending finished goods inventory for June will be 70 units. It expects the following unit sales for the third quarter: July 545 August 490 September 440 Sixty percent of Shadee’s sales are cash. Of the credit sales, 50 percent is collected in the month of the...

Subjects