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: $_____________

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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