Help Save & Exlt Check Required information [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 Beginning Inventory $ Ending Inventory Raw materials inventory Work in process inventory Finished goods inventory 69,eee 434,500 625,eee 73,000 531,000 557,eee The following additional information describes the company's production activities for May Raw materials purchases (on credit) Factory wages cost (paid in cash) Other overhead cost (0ther Accounts credited) Materials used 290,000 1,543,000 77,500 208,eee Direct 2 of 2 Next Prev -1 Algorithmic Saved Help Save & Exit Subm Check my work Required information transterred trom production to finished goods, and ) sale of sned goods View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 . 11 Record purchase of raw materials. Note: Enter debits before credits. Debit Credit Date General Journal May 31