2.Prepare summary journal entries dated May 31 to record the following production activities during May: (a) raw materials purchases, (b) direct materials usage, (c) indirect materials usage, (d) direct labor costs incurred, (e) indirect labor costs incurred, (f) payment of factory payroll, (g) other overhead costs, (credit Other Accounts), (h) overhead applied, (i) goods transferred from Cutting to Stitching, (j) goods transferred from Stitching to finished goods, (k) cost of goods sold, and (l) sales.

Chapter 16 Connect Homework Assignment 0 Saved Part 2 of2 10 points eBuok Print References Mc Gmw Hill Education Beginning Ending Inventory Inventory Work in process inventoryCutting 53,588 65,588 Work in process inventoryStitching 73,388 63,688 Finished goods inventory 22,188 18,258 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit $ 38,888 Direct materials usedCutting 22,888 Direct materials usedStitching 8 Direct labor Direct laborCutting $ 16,188 Direct laborStitching 64,488 Total factory payroll paid (in cash) 135,788 Factory Overhead (Actual costs) Indirect materials used $ 7,288 Indirect labor used 55,288 other overhead costs 48,688 C"? Help Save 8. Exit Submit Chapter 16 Connect Homework Assignment 0 Saved Help Save & Exit Submit 2 Factory Overhead Rates Cutting (158% of direct materials used) Stitching (128% of direct labor used) Sales $296,699 Pan 2 of2 10_ i 2. Prepare summaryjournal entries dated May 31 to record the following production activities during May: (a) raw materials purchases, pom 5 (b) direct materials usage, (c) indirect materials usage, (d) direct labor costs incurred, (e) indirect labor costs incurred, (f) payment of factory payroll, (g) other overhead costs, (credit Other Accounts), (h) overhead applied, (i) goods transferred from Cutting to Stitching, eBmk (j) goods transferred from Stitching to nished goods, (k) cost of goods sold, and (I) sales. Print View transaction list References Journal entry worksheet Record purchase of raw materials. Chapter 16 Connect Homework Assignment i Saved Help Save & Exit Submit Check my work 2 Required information 2 3 4 5 6 7 8 12 Part 2 of 2 Record purchase of raw materials. 10 points Note: Enter debits before credits. eBook Date General Journal Debit Credit Print May 31 References Record entry Clear entry View general journal Mc Graw Hill