SB Exercise E8-5 to E8-10 The following information applies to the questions dis

Question

SB Exercise E8-5 to E8-10 The following information applies to the questions displayed below.) Shadee Corp expects to sell 520 sun visors in May and 430 in June. Each visor sells for $25. Shadee's beginning and ending finished goods inventories for May are 75 and 45 units, respectively. Ending finished goods inventory for June will be 55 unts References Section Break SB Exercise EB-5 to E8-10 4.00 points E8-5 Calculating Sales and Production Budgets LO 8-3a, b Required: 1. Determine Shadee's budgeted total sales for May and June. Budgeted Total Sales

Explanation / Answer

Req1: BUDGETED SALES MAY JUNE Expected sales in Unit 520 430 Selling price 25 25 Budgeted Sales in $ 13000 10750 Req 2: BUDGETD PRODUCTION MAY JUNE Budgeted sales in units 520 450 Add: Ending inventory 45 55 Total Requirement 565 505 Less: Beginning Inventory 75 45 Budgeted production in Units 490 460

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