Sierra 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:
Beginning Inventory Ending Inventory
Raw materials inventory $ $
Work in process inventoryCutting
Work in process inventoryStitching
Finished goods inventory
The following additional information describes the company's production activities for May.
Direct materials
Raw materials purchased on credit $
Direct materials usedCutting
Direct materials usedStitching
Direct labor
Direct laborCutting $
Direct laborStitching
Factory Overhead Actual costs
Indirect materials used $
Indirect labor used
Other overhead costs
Factory Overhead Rates
Cutting of direct materials used
Stitching of direct labor used
Sales $
