All parts are here and filled other than 5 & 6, which I could use help with! Tha
ID: 2577222 • Letter: A
Question
All parts are here and filled other than 5 & 6, which I could use help with! Thank you so much for the help Experts!
[The tollowing information applies to the questions dis played below. Shadee Corp. expects to sell 630 sun vis ors in May and 440 in June. Each visor ses for $17. Shadee's beginning and ending finish ed goods inventories for May are 70 and60 units, respectively. Ending finished goods inventory for June be 55units. References Section Break SB Exercise EB-5 to E8-10 Required Information 4.00 points E8-5 Calculating Sales and Production Budgets LO 8-3a, b Required: 1. Determine Shade e's budgeted total sales for May and June. May June Budgeted Total Sales$10,710$7480 2. Determine Shadee's budgeted production in units for May and June. May June Budgeted Production (Unts)620435Explanation / Answer
5 budgeted selling and administrative expenses May June Budgeted sales 10710 7480 Selling expenses 9% of sales 9% of sales 964 673 Fixed administrative expenses 1200 1200 Total selling and administrative expenses 2164 1873 6 Budgeted income statement for May and June May June Budgeted sales 10710 7480 Less:Budgeted cost of goods sold 7150.5 4994 Budgeted gross margin 3559.5 2486 Less:Budgeted selling and administrative expenses 2164 1873 Budgeted net operating income 1395.5 613