Carlberg Compony monufoctures soccer balls in two sequential processes. Cutting and Stitching. All direct materials enter production. at the begrning of the Curting process. The following information is avallable regarding its May inventories: The following additional information describes the company's production activities for May Journal entry worksheet Record the purchase of materials (on credit). Note: Enter debits before credits. Journal entry worksheet Record direct materials used in production. Note: Enter debits before credits. Prepare journal entries for the month of May's transactions. Journal entry worksheet Record the usage of indirect materials. Wote Enter debits beforn crediter. pare journal entries for the month of May's transactions. Journal entry worksheet Record the cost of direct labor incurred but not yet paid. (Use "Factory wages payable account). Enter deb ts boflare cred th. Prepare journal entries for the month of May's transactions. Journal entry worksheet Record the cost of indirect labor incurred but not yet paid. (Use "Factory wages payable* account). Notar Foter dobit belfere credlas. Prepare journal entries for the month of May's transactions. Journal entry worksheet 12345 Record overhead costs paid in cash. Woke: Enter debits before credits. repare journal entries for the month of May's transactions. Journal entry worksheet 1 3456 11 Record the application of overhead at a rate of 150% of direct materials costs (Cutting) and 120% of direct labor cost (Stitching). Notes Entar debits before credits. Eactory Overheed Rates (15as of direct materiais us curting (1208 of direct 1abor us stitchine sales Prepare journal entries for the month of May's transactions. Journal entry worksheet Record the transferred costs of partially completed goods. Wote: Enter debits before credits. Journal entry worksheet Record the transfer of production to finished goods, as calculated on the Cost of Goods Manufactured tab. Enter debits before credits. Journal entry worksheet 1 6 Record the sale of goods on account. Note: Enter debits before credits: repare journal entries for the month of May's transactions. Journal entry worksheet 1 4578 9 Record the cost of goods sold, as calculated on the cost of goods sold tab. Notet Enter debits before creditu. The following additional information describes the companys producuvn Factory overhead Rates cutting stitching (15es of direct materfals used) Sales (120s of direct labor used) Verily the ending balance in row materials inventory. Materials use The following additional information describes the company's production activities for N Sales: 5456,800 Prepare a schedule of cost of goods manufactured for the Cutting Department for the the roilowing aoditiona intormation descripes ine companys proouction activities to Sales Prepare a schedule of cost of goods manufactured for the Stitching Department fo The following additional information describes the company's producum wr. vities for May. Sales Calculate the value of cost of goods sold for the month of May. Ignore any over-or calculation of cost of goods sold. 25 -ditinnal information describes the curr Sales saies Cost of Goods Mfo Stitching Calculate the value of gross profit for the month of May