Hayes manufacturing company's accounting records reflect the following inventories dec. 31, 2018 dec. 31, 2017 raw materials inventory $240,000 $200,000 work in process inventory 190, 000 1 80,000 finished goods inventory 150,000 140,000 during 2018, $500,000 of raw materials were purchased, direct labor costs amounted to $500,000, and manufacturing overhead incurred was $550,000. hayes manufacturing company's total manufacturing costs incurred in 2018 amounted to select one: a. $1,510,000. b. $1,750,000 c. $1,550,000. d. $1,500,000

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year