Fix the table

Required information Problem 20-1A Production cost flow and measurement; journal entries LO P1, P2, P3, P4 The following information applies to the questions displayed below] Sierra Company manufactures woven blankets and accounts for product costs using process costing. Data below are for one of its processing departments. The following information is available regarding its May inventories Raw materials inventory Work in process inventory Finished goods inventory Beginning Endin Inventory Invent $ 51,000 56,000 428,800 597,800 624,000 587,000 The following additional informotion describes the company's production activities for May Factory wages cost (paid in cash) Other overhead cost (Other Accounts credited) Materials used 1,599,800 83,000 Direct Indirect s 197,800e 78,000 S 880,000 799,800 120% $5,500,000 Direct Indirect Overhead rate as a percent of direct labor Sales (on credit) The predetermined overhead rate was computed at the beginning of the year as 120% of direct labor cost. Required information Problem 20-1A Production cost flow and measurement; journal entries LO P1, P2, P3, P4 The following information applies to the questions displayed below] Sierra Company manufactures woven blankets and accounts for product costs using process costing. Data below are for one of its processing departments. The following information is available regarding its May inventories Raw materials inventory Work in process inventory Finished goods inventory Beginning Endin Inventory Invent $ 51,000 56,000 428,800 597,800 624,000 587,000 The following additional informotion describes the company's production activities for May Factory wages cost (paid in cash) Other overhead cost (Other Accounts credited) Materials used 1,599,800 83,000 Direct Indirect s 197,800e 78,000 S 880,000 799,800 120% $5,500,000 Direct Indirect Overhead rate as a percent of direct labor Sales (on credit) The predetermined overhead rate was computed at the beginning of the year as 120% of direct labor cost