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Can you help with this chart? Why is it still saying incomplete? Required information Problem 20-1A Production cost flow and measurement; journal entries LO P1,

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Can you help with this chart? Why is it still saying "incomplete"?

Required information Problem 20-1A Production cost flow and measurement; journal entries LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] Sierra Company manufactures woven blankets and accounts for product costs using process costing. Data below are for one of its processing departments. The following information is available regarding its May inventories Beginning Ending Inventory Inventory S 60, 000 92, 500 435, 000 515, 000 605, 000 Raw matcrials inventory Work in process inventory Finished goods nventory 633, 000 The following additional information describes the company's production activities for May. Raw materials purchases (on credit) Factory wages cost (paid in cash) Other overhead cost (Other Accounts credited) Materials used S 250, 000 1, 530, 000 87, 000 157, 500 60, 000 Direct Indirect Labor used 780, 000 750, 000 Direct Indirect Overhead rate as a percent of direct labor Sales (on credit) 115% S2, 500, 000 Raw Materials (RM) Work in Process (WIP) M - April 30 RM purchases 60,000ndirect materials 60,000 157,500 92,500 IP April 30 435,000 Cost of goods manuf. 1,754,500 157,500 WIP - May 31 780,000 897,000 515,000 250,000 DM used DM used M- May 31 L used Overhead applied Factory Wages Payable Finished Goods (FG) 633,000 Cost of goods sold 1,754,500 FG - May 31 otal Factory wages paid1,530,000 G - April 30 1,782,500 Indirect labor 750,000 Cost of goods manuf 780,000 605,000 L used Factory Overhead Income Statement (Partial) 60,000 Overhead applied $ 2,500,000 1,782,500 $717,500 ndirect materials ndirect labor Other overhead costs 897,000 Sales 750,000 ost of goods sold Gross profit 87,000 nderapplied OH Cost of goods transferrd1,754,500 Cost of goods sold $ 1,782,500

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