Byrnes 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 $ $51,000$ $ $61,000$

Work in process inventory$$Cutting $133,50056,000$

Work in process inventory$$Stitching $153,300105,500$

Finished goods inventory $110,10026,250$

The following additional information describes the company's production activities for May.

Direct materials

Raw materials purchased on credit $ $70,000$

Direct materials used$$Cutting $24,000$

Direct materials used$$Stitching $0$

Direct labor

Direct labor$$Cutting $ $20,100$

Direct labor$$Stitching $80,400$

Factory Overhead $($Actual costs$)$

Indirect materials used $ $36,000$

Indirect labor used $56,800$

Other overhead costs $56,000$

Factory Overhead Rates

Cutting $(150\%$ of direct materials used$)$

Stitching $(120\%$ of direct labor used$)$

Sales $ $616,000$