Rainwater Corp. expects to sell 560 umbrellas in May and 440 in June. Each umbrella sells for $15. Rainwater%u2019s beginning and ending
finished goods inventories for May are 70 and 45 units respectively. Ending finished goods inventory for June will be 50 units. Each umbrella
requires a total of $4.50 in direct materials that includes an opening mechanism that the company purchases from a supplier at a cost of $2.00
each. Rainwater wants to have 31 mechanisms on hand at May 1 23 mechanisms at May 31 and 25 mechanisms at June 30. Additionally
Rainwater%u2019s fixed manufacturing overhead is $1100 per month and variable manufacturing overhead is $2.75 per unit produced.
Compute the budgeted cost of mechanisms purchased for May and June.
Compute the budgeted manufacturing overhead for May and June.