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GLO301 - Based on Problem 3-5A (Algo) LO P3, P4 Sweet Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials inventory Work in process inventory-cutting Work in process inventory-stitching Pinished goods inventory Beginning Inventory $ 101,000 233,500 253,300 210,100 Ending Inventory $ 122,500 61,000 155,500 46.250 The following additional information describes the company's production activities for May Direct materials Raw materials purchased on credit Direct materials used-cutting Direct materials used-stitching $ 120,000 26.500 0 Direct labor Direct laber-Cutting Direct labor-stitching $ 25,100 100,400 Factory Overhead (Actual conta) Indirect materials used Indirect labore other overhead costs $72.000 58.000 66,000 Factory Overhead Rates cutting stitching (1501 of direct materials wed) (1300 ot direct laborused) Sales $ 1,016,000 Requirement General Journal General Ledger Tral Balance Raw Materials Cost of Goods Mo Cutting Cost of Goods Mo Stitching Cost of Goods Sold Gross Pront - Pune Det Question Male ducation.com.co Check my work mode: This show what is corrector incorrect for the work you have completed so far I de Way TO 26.00 $ Mary SO May 31 Factory Ch 6.000 T WA OOOOOO OOOOOO M HANSE Macbook A 0. EF 2 3 4 5 A 6 & 7 - B W E R T Y u U 1 O S D F G G H J C V B N M M V. 3 92 command con education.com wunderum con control 5 6 ANEX Cut stitching asof direct materiale med 11201 of direct laborused) General Genel Cost of Requirement Cast of Doamna Cost of TH Goods Good Mg Goods Sold Ledger Materials Cung Sting Prepare a schedule of cost of goods manufactured for the cutting Department for the month of Date Apr 30 Ordet 200 2100 the 1 $1.000 we go Cal Gode My NA MacBook Air A 2 5 4 3 % 5 * 6 7 8 W E R T Y U S D F G H J X V B N M command education.com/ext/map/index.html?_con=con&external_browser=0&launchurl=https%25 6 Saved Factory Overhead Rates Cutting Stitching (1508 of direct materials used) (1208 of direct labor used) Sales $ 1,016,000 Cost of Cost of General General Raw Requirement Trial Balance Journal Goods Mfg Goods Mfg Ledger Materials Cutting Stitching Prepare a schedule of cost of goods manufactured for the Stitching Department for Dates: Apr Transferred-in from Cutting Direct materials used Direct labor used Factory overhead applied Total manufacturing costs added during May Add: Beginning work in process inventory Total cost of work in process Less Ending work in process inventory GLO301 - Based on Problem 3-5A (Algo) LO P3, P4 Sweet Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials inventory Work in process inventory-cutting Work in process inventory-stitching Pinished goods inventory Beginning Inventory $ 101,000 233,500 253,300 210,100 Ending Inventory $ 122,500 61,000 155,500 46.250 The following additional information describes the company's production activities for May Direct materials Raw materials purchased on credit Direct materials used-cutting Direct materials used-stitching $ 120,000 26.500 0 Direct labor Direct laber-Cutting Direct labor-stitching $ 25,100 100,400 Factory Overhead (Actual conta) Indirect materials used Indirect labore other overhead costs $72.000 58.000 66,000 Factory Overhead Rates cutting stitching (1501 of direct materials wed) (1300 ot direct laborused) Sales $ 1,016,000 Requirement General Journal General Ledger Tral Balance Raw Materials Cost of Goods Mo Cutting Cost of Goods Mo Stitching Cost of Goods Sold Gross Pront - Pune Det Question Male ducation.com.co Check my work mode: This show what is corrector incorrect for the work you have completed so far I de Way TO 26.00 $ Mary SO May 31 Factory Ch 6.000 T WA OOOOOO OOOOOO M HANSE Macbook A 0. EF 2 3 4 5 A 6 & 7 - B W E R T Y u U 1 O S D F G G H J C V B N M M V. 3 92 command con education.com wunderum con control 5 6 ANEX Cut stitching asof direct materiale med 11201 of direct laborused) General Genel Cost of Requirement Cast of Doamna Cost of TH Goods Good Mg Goods Sold Ledger Materials Cung Sting Prepare a schedule of cost of goods manufactured for the cutting Department for the month of Date Apr 30 Ordet 200 2100 the 1 $1.000 we go Cal Gode My NA MacBook Air A 2 5 4 3 % 5 * 6 7 8 W E R T Y U S D F G H J X V B N M command education.com/ext/map/index.html?_con=con&external_browser=0&launchurl=https%25 6 Saved Factory Overhead Rates Cutting Stitching (1508 of direct materials used) (1208 of direct labor used) Sales $ 1,016,000 Cost of Cost of General General Raw Requirement Trial Balance Journal Goods Mfg Goods Mfg Ledger Materials Cutting Stitching Prepare a schedule of cost of goods manufactured for the Stitching Department for Dates: Apr Transferred-in from Cutting Direct materials used Direct labor used Factory overhead applied Total manufacturing costs added during May Add: Beginning work in process inventory Total cost of work in process Less Ending work in process inventory