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Please explain in full Here is a screenshot of the question: Problem 2-55. Cost of Goods Manufactured, Cost of Goods Sold Objective 3 Hayward Company,

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Here is a screenshot of the question: Problem 2-55. Cost of Goods Manufactured, Cost of Goods Sold Objective 3 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. 2. Prepare a statement of cost of goods sold

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