Question

Assignment 1100 MarksDue: 10 March 2025 Hayward Company, a manufacturing firm, has supplied the following information from its accounting records for the month of May: R Direct labour cost 105 000 Purchases of raw materials 150 000 Supplies used 6 750 Factory insurance 3 500 Commission paid 25 000 Factory supervision 22 250 Advertising 8 000 Material handling 37 500 Materials inventory, 1 May 34 750 Work-in-process, 1 May 125 000 Finished goods inventory, 1 May 66 850 Materials inventory, 31 May 95 000 Work-in-process, 31 May 142 500 Finished goods inventory, 31 May 42 500 Required: 3. 1 Prepare the schedule of cost of goods sold.

          Assignment 1100 MarksDue: 10 March 2025
Hayward Company, a manufacturing firm, has supplied the following information from its
accounting records for the month of May:
R
Direct labour cost
105 000
Purchases of raw materials
150 000
Supplies used
6 750
Factory insurance
3 500
Commission paid
25 000
Factory supervision
22 250
Advertising
8 000
Material handling
37 500
Materials inventory, 1 May
34 750
Work-in-process, 1 May
125 000
Finished goods inventory, 1 May
66 850
Materials inventory, 31 May
95 000
Work-in-process, 31 May
142 500
Finished goods inventory, 31 May
42 500
Required:
3.  1 Prepare the schedule of cost of goods sold.

assignment 1100 marksdue 10 march 2025 hayward company a manufacturing firm has supplied the following information from its accounting records for the month of may r direct labour cost 105 0 73561

Added by Lance L.

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