Acct 202... idk what the other boxes are, help me fill them with explanations to how you got the answers!

Required Information [The following information applies to the questions displayed below) 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: Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory $ 6,800 43,500 63,300 20, 100 Ending Inventory $ 9,250 51,500 60,5ee 8,25e 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 $ 25,000 21,75e Direct labor Direct labor-Cutting Direct labor-stitching Total factory payroll paid (in cash) $15.600 62,400 133,000 $ Factory Overhead (Actual costs) Indirect materials used Indirect labor used Other overhead costs head costs 6,000 55,000 47,000 Factory Overhead Rates Cutting (150% of direct materials used) Stitching (120% of direct labor used) Sales $256,000 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. Ignore any over- or under-applied overhead in the calculation of cost of goods sold. u ting 3.000 000 Direct mat chases ololo Work In Process Sorte 000D FO OOO 250.000