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Cost of Goods Manufactured, Cost of Goods Sold Hayward Company, a manufacturing firm, has supplied...

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Accounting

Cost of Goods Manufactured, Cost of Goods Sold Hayward Company, a manufacturing firm, has supplied the following information from its accounting records for the month of May: Direct labor cost Purchases of raw materials Supplies used Factory insurance Commissions paid Factory supervision Advertising Material handing Materials inventory, May 1 Work-in-process inventory, May 1 Finished goods inventory, May 1 Materials inventory, May 31 Work-in-process inventory, May 31 Finished goods inventory, May 31 Manufacturing overhead: Total manufacturing cost for May Cost of goods manufactured $10,500 15,000 1000 675 350 2,500 2,225 Required: 1. Prepare a statement of cost of goods manufactured. If an amount is negative, enter a minus (-) sign first. Hayward Company Statement of Cost of Goods Manufactured For the Month of May 800 3,750 3,475 12,500 6,685 9,500 14,250 4,250
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Cost of Goods Manufactured, Cost of Goods Sold Hayward Company, a manufacturing firm, has supplied the following information from its accounting records for the month of May Required: 1. Prepare a statement of cost of goods manufactured. If an amount is negative, enter a minus () sign first

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