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can someone help me fill out this chart Smith Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production
can someone help me fill out this chart
Smith 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 ovailable regarding its May inventories: The following additional information describes the company's production activities for May. Answer is not complete. \begin{tabular}{|l|c|c||c||c|} \hline Cost of & Cost of & cost of \\ Goods Mrg & coods Mrg & coods Solo \\ \hline \end{tabular} Prepare journal entries for the month of May's transactions. ractory ernead (nccua e coura) Indreet materials used Indirect labor. ueed. other overhead coste Yactory overiead Rates Cutting (150k of direet materials ueed) Stitching \{120k of direet. labor ysed\} 5alea $296,000 Q. Answer is not complete. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Acoounts recelvablo } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Acr 30 & & & 12,000 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Wark in process inventory-Stitching } \\ \hline No. & Date & Deble & Credit & Balance \\ \hline & & & & 13,300 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Foctory Equipment } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 29 & & & 30.000 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{6}{|c|}{ Work ia procest inventory-Cutting } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 53,500 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{1}{|c|}{ Accounte payable } \\ \hline No. & Date & Dablt & Credit & Balance \\ \hline & Apr 30 & & & 71,800 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Accumulated deprociation - Factory oquipment } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Aor29 & & & 6.000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Paidein copital in exeess of par-Common } \\ \hline No. & Dale & Doble & Credit & Balance \\ \hline & Apr 30 & & & 26,000 \\ \hline \end{tabular} Common atoek, 35 parvalue \begin{tabular}{|c|c|c|c|c|} \hline No. & Date & Deblt & Credit & Balance \\ \hline & Apr 29 & & & 32,000 \\ \hline \end{tabular} \& General Journal Tal Balence > Direct moturials kak materials purchased on eredit Diract naterials used-Cuteing Direct naterialu aned-Stitching Direct labor Directlabor-CuttingDirectlabor-stitehing$16,10068,400 Ractory Overhead (Natusl costa) Indireot matorials ueed Indireot labor uned other overhead cost: \$. 30,000 Pactory Overhead Rates Cutting [1508 of diroct materiale ueed) stitehing {120 \& of direot labor used\} Ssleg $296,000 (3) Answer is not complete. \&. General Ledger Raw Materiale > Smith Company manufactures soccer balls in two sequential processes: Culting and Sutching. All direct materials enter production at. the beginning of the Cutting process. The following information is avallable regarding its May inventories: The following additional information describes the company's production activities for May, Answer is not complete. Prepare a schedule of cost of goods manufactured for the Cutting Departng. Smith Company manufoctures soccer bolls in two sequential processes: Cutting and Stithing. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: The following additional information describes the company's production activities for May. Answer is not complete. Prepare a schedule of cest of goods manufactured for the Soiching Department for the month of May. Smith Company manufactures soccer balls in two sequential processes: Cutting and Sutching. All direct materials enter production at the beginning of the Cutting process. The following information is avalable regarding its May inventories: The following additional information describes the company's production activities for May. 1iakloa 5296,000 Answer is not complete. Cafculate the value of cost of goods sold for the month of May, Ignore any over-or ynderappl calculation of cost of goods sold. Smith Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct matetials enter production at the beginning of the Cutting process. The following information is avallable regarding its May inventories: The following additional information describes the company's production activities for May. \begin{tabular}{|l|l|l|l|} \hline malet & $296,000 \\ \hline \end{tabular} is not complete. Calculate the value of gross profit for the month of May. Smith 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 ovailable regarding its May inventories: The following additional information describes the company's production activities for May. Answer is not complete. \begin{tabular}{|l|c|c||c||c|} \hline Cost of & Cost of & cost of \\ Goods Mrg & coods Mrg & coods Solo \\ \hline \end{tabular} Prepare journal entries for the month of May's transactions. ractory ernead (nccua e coura) Indreet materials used Indirect labor. ueed. other overhead coste Yactory overiead Rates Cutting (150k of direet materials ueed) Stitching \{120k of direet. labor ysed\} 5alea $296,000 Q. Answer is not complete. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Acoounts recelvablo } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Acr 30 & & & 12,000 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Wark in process inventory-Stitching } \\ \hline No. & Date & Deble & Credit & Balance \\ \hline & & & & 13,300 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Foctory Equipment } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Apr 29 & & & 30.000 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{6}{|c|}{ Work ia procest inventory-Cutting } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 53,500 \\ \hline \end{tabular} \begin{tabular}{|l|c|c|c|c|} \hline \multicolumn{1}{|c|}{ Accounte payable } \\ \hline No. & Date & Dablt & Credit & Balance \\ \hline & Apr 30 & & & 71,800 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Accumulated deprociation - Factory oquipment } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & Aor29 & & & 6.000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Paidein copital in exeess of par-Common } \\ \hline No. & Dale & Doble & Credit & Balance \\ \hline & Apr 30 & & & 26,000 \\ \hline \end{tabular} Common atoek, 35 parvalue \begin{tabular}{|c|c|c|c|c|} \hline No. & Date & Deblt & Credit & Balance \\ \hline & Apr 29 & & & 32,000 \\ \hline \end{tabular} \& General Journal Tal Balence > Direct moturials kak materials purchased on eredit Diract naterials used-Cuteing Direct naterialu aned-Stitching Direct labor Directlabor-CuttingDirectlabor-stitehing$16,10068,400 Ractory Overhead (Natusl costa) Indireot matorials ueed Indireot labor uned other overhead cost: \$. 30,000 Pactory Overhead Rates Cutting [1508 of diroct materiale ueed) stitehing {120 \& of direot labor used\} Ssleg $296,000 (3) Answer is not complete. \&. General Ledger Raw Materiale > Smith Company manufactures soccer balls in two sequential processes: Culting and Sutching. All direct materials enter production at. the beginning of the Cutting process. The following information is avallable regarding its May inventories: The following additional information describes the company's production activities for May, Answer is not complete. Prepare a schedule of cost of goods manufactured for the Cutting Departng. Smith Company manufoctures soccer bolls in two sequential processes: Cutting and Stithing. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: The following additional information describes the company's production activities for May. Answer is not complete. Prepare a schedule of cest of goods manufactured for the Soiching Department for the month of May. Smith Company manufactures soccer balls in two sequential processes: Cutting and Sutching. All direct materials enter production at the beginning of the Cutting process. The following information is avalable regarding its May inventories: The following additional information describes the company's production activities for May. 1iakloa 5296,000 Answer is not complete. Cafculate the value of cost of goods sold for the month of May, Ignore any over-or ynderappl calculation of cost of goods sold. Smith Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct matetials enter production at the beginning of the Cutting process. The following information is avallable regarding its May inventories: The following additional information describes the company's production activities for May. \begin{tabular}{|l|l|l|l|} \hline malet & $296,000 \\ \hline \end{tabular} is not complete. 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