{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T06:12:07-04:00", "answer_date": "2024-05-27 06:12:07", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1782648", "url": "\/study-help\/questions\/-1782648", "question_creation_date_js": "2024-05-27T06:12:07-04:00", "question_creation_date": "May 27, 2024 06:12 AM", "meta_title": "[Solved] Sierra Company manufactures soccer balls | SolutionInn", "meta_description": "Answer of - Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials ente | SolutionInn", "meta_keywords": "sierra,company,manufactures,soccer,balls,two,sequential,processes,cutting,stitching,direct,materials", "question_title_h1": "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", "question_title": "Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching.", "question_title_for_js_snippet": "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 $ 7 1 , 0 0 0 $ 8 5 , 6 0 0 Work in process inventory Cutting 1 7 3 , 5 0 0 1 2 5 , 5 0 0 Work in process inventory Stitching 1 9 3 , 3 0 0 1 0 0 , 8 0 0 Finished goods inventory 4 6 , 1 0 0 3 4 , 2 5 0 The following additional information describes the company's production activities for May Direct materials Raw materials purchased on credit $ 9 0 , 0 0 0 Direct materials used Cutting 2 5 , 0 0 0 Direct materials used Stitching 0 Direct labor Direct labor Cutting $ 2 2 , 1 0 0 Direct labor Stitching 8 8 , 4 0 0 Factory Overhead ( Actual costs ) Indirect materials used $ 5 0 , 4 0 0 Indirect labor used 5 7 , 6 0 0 Other overhead costs 6 0 , 0 0 0 Factory Overhead Rates Cutting 1 5 0 of direct materials used Stitching 1 2 0 of direct labor used Sales $ 7 7 6 , 0 0 0 Required 1 Compute the amount of ( a ) production costs transferred from Cutting to Stitching, ( b ) production costs transferred from Stitching to finished goods, and ( c ) cost of goods sold Hint Compute the total production costs in each department and then subtract the ending inventory to get the amount transferred out of each department ", "question_description": "