Hayden Corporation budgeted its cost of finished goods manufactured at $500,000 for May. Its May 31 finished goods inventory budgeted to be twice the level of its May 1 finished goods inventory. The cost of goods sold budget for May has been set at $450,000.
Hayden's finished goods inventory at May 31 is budgeted at: $____________

Question

Hayden Corporation budgeted its cost of finished goods manufactured at $500,000 for May. Its May 31 finished goods inventory budgeted to be twice the level of its May 1 finished goods inventory. The cost of goods sold budget for May has been set at $450,000.
 Hayden's finished goods inventory at May 31 is budgeted at: $____________

Quizplus · Accepted Answer

The Answer of Hayden Corporation budgeted its cost of finished goods manufactured at $500,000 for May. Its May 31 finished goods inventory budgeted to be twice the level of its May 1 finished goods inventory. The cost of goods sold budget for May has been set at $450,000.
 Hayden's finished goods inventory at May 31 is budgeted at: $____________

Hayden Corporation Budgeted Its Cost of Finished Goods Manufactured at $500,000