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Catey Company manufactures soccer balls in two sequential processes, Cutting and Stitching. All direct materials enter production at. the beginning of the Cutting process. The

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Catey 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. The following adiditional information describes the company's production activities for May: cutting Stitehing (i50s of direct materinals ised) (12ex of direct Inbon used) Prepare journal entries for the month of May's transactions. Journal entry worksheet 456 Record the purchase of materials (on credit). Note: Enter debits before credits. epare journal entries for the month of May's transactions. Journal entry worksheet 456 Record direct materials used in production. Note: Enter debits before credits. (128A of direct labor used) sales S1,276,690 Cost of Goods Mfg Cutting Prepare journal entries for the month of May's transactions. Journal entry worksheet Prepare journal entries for the month of May's transactions. Journal entry worksheet 67811 Record the cost of direct labor incurred but not yet paid. (Use "Factory wages payable" account). Note: Enter debits befbre credits. Prepare journal entries for the month of May's transactions. Journal entry worksheet 1 3 8 11 Record the cost of indirect labor incurred but not yet paid. (Use "Factory wages payable" account). Note: Enter debits before credits. repare journal entries for the month of May's transactions. Journal entry worksheet 34 Record overhead costs paid in cash. Note: Enter debits before credits. repare journal entries for the month of May's transactions. Journal entry worksheet 1 345 811 Record the application of overhead at a rate of 150% of direct materials costs (Cutting) and 120% of direct labor cost (Stitching). Note: Enter debits before credits. Prepare journal entries for the month of May's transactions. Journal entry worksheet 1 3 5 6 7 Record the transferred costs of partially completed goods. Note: Enter debits belore credits. ititching (120\% of direct labon used) ales. repare fournal entries for the month of May's transactions. Journal entry worksheet (1) 456 11 Record the transfer of production to finished goods, as calculated on the Cost of Goods Manufactured tab. Note: Enter debits before credits. 5titching (120x of direct labor used) Sales: Prepare journal entries for the month of May's transactions. Journal entry worksheet (1) 456789 Record the sale of goods on account. Note; Enter debits before credits. epare journal entries for the month of May's transactions. Journal entry worksheet (1) 456789 Record the cost of goods sold, as calculated on the cost of goods sold tab. Note: Enter debits before credits. titching (1505 of direct naterials ysed) (12es of direct labor used) Prepare a schedule of cost of goods manufactured for the cutting Department for the month of May. Prepare a schedule of cost of goods manufactured for the Stitehing Dopartment for the month of May. Carey Company mahufactures soccer batls in two sequential processes: Cutting and Stitching. All direct materials enter production at. the beginiling of the Cunting process. The following information is available regarding its May inventories: The following additional information deseribes the company's production activities for May Journal entry worksheet 345 Record the purchase of materials (on credit). Note: Enter debits before credits. Journal entry worksheet 345 Record direct materials used in production. Note: Enter dobits belore credes: Journal entry worksheet Journal entry worksheet 1 67814 Record the cost of direct tabor incurred but not yet paid. (Use "Factory wages. payable" account). Niotei finter dehita befors credits: Journal entry worksheet 1 (2.) 7 811 Record the cost of indirect labor incurred but not yet paid. (Use "Factory wages payable account). Fute: Einter debits before credits. Journal entry worksheet Journal entry worksheet 1 (2) 341 11 Record the application of overhead at a rate of 150% of direct materials costs (Cutting) and 120% of direct labor cost (Stitching). Journal entry worksheet 1 (2) 34 6 7 Record the transferred conts of partially completed goods. Wote finter debila hefoce credits. Drepare journal entries for the month of le iy's transactions; Journal entry worksheet 1. Record the trander of production to finished goods, as calculated on the Cont of Coode Manufactured tab. Mente Britir det-is lerlore oredal. Prepare journal entries for the month of May's transactions. Journal entry worksheet Journal entry worksheet (1) 4 56 7 8 9 10 Record the cost of goods sold, as calculated on the cost of goods sold tab. IUete: Iriter dehits beforaeredits. The following additional information describes the company's production activities for May. Sales Prepare a schedule of cost of goods manufactured for the Cutting Department for the month of Ma The following additional information describes the company's production activities for May. Sales \$ 1,276,090 Prepare a schedule of cost of goods manufactured for the stitching Department for the month of May. Catey 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. The following adiditional information describes the company's production activities for May: cutting Stitehing (i50s of direct materinals ised) (12ex of direct Inbon used) Prepare journal entries for the month of May's transactions. Journal entry worksheet 456 Record the purchase of materials (on credit). Note: Enter debits before credits. epare journal entries for the month of May's transactions. Journal entry worksheet 456 Record direct materials used in production. Note: Enter debits before credits. (128A of direct labor used) sales S1,276,690 Cost of Goods Mfg Cutting Prepare journal entries for the month of May's transactions. Journal entry worksheet Prepare journal entries for the month of May's transactions. Journal entry worksheet 67811 Record the cost of direct labor incurred but not yet paid. (Use "Factory wages payable" account). Note: Enter debits befbre credits. Prepare journal entries for the month of May's transactions. Journal entry worksheet 1 3 8 11 Record the cost of indirect labor incurred but not yet paid. (Use "Factory wages payable" account). Note: Enter debits before credits. repare journal entries for the month of May's transactions. Journal entry worksheet 34 Record overhead costs paid in cash. Note: Enter debits before credits. repare journal entries for the month of May's transactions. Journal entry worksheet 1 345 811 Record the application of overhead at a rate of 150% of direct materials costs (Cutting) and 120% of direct labor cost (Stitching). Note: Enter debits before credits. Prepare journal entries for the month of May's transactions. Journal entry worksheet 1 3 5 6 7 Record the transferred costs of partially completed goods. Note: Enter debits belore credits. ititching (120\% of direct labon used) ales. repare fournal entries for the month of May's transactions. Journal entry worksheet (1) 456 11 Record the transfer of production to finished goods, as calculated on the Cost of Goods Manufactured tab. Note: Enter debits before credits. 5titching (120x of direct labor used) Sales: Prepare journal entries for the month of May's transactions. Journal entry worksheet (1) 456789 Record the sale of goods on account. Note; Enter debits before credits. epare journal entries for the month of May's transactions. Journal entry worksheet (1) 456789 Record the cost of goods sold, as calculated on the cost of goods sold tab. Note: Enter debits before credits. titching (1505 of direct naterials ysed) (12es of direct labor used) Prepare a schedule of cost of goods manufactured for the cutting Department for the month of May. Prepare a schedule of cost of goods manufactured for the Stitehing Dopartment for the month of May. Carey Company mahufactures soccer batls in two sequential processes: Cutting and Stitching. All direct materials enter production at. the beginiling of the Cunting process. The following information is available regarding its May inventories: The following additional information deseribes the company's production activities for May Journal entry worksheet 345 Record the purchase of materials (on credit). Note: Enter debits before credits. Journal entry worksheet 345 Record direct materials used in production. Note: Enter dobits belore credes: Journal entry worksheet Journal entry worksheet 1 67814 Record the cost of direct tabor incurred but not yet paid. (Use "Factory wages. payable" account). Niotei finter dehita befors credits: Journal entry worksheet 1 (2.) 7 811 Record the cost of indirect labor incurred but not yet paid. (Use "Factory wages payable account). Fute: Einter debits before credits. Journal entry worksheet Journal entry worksheet 1 (2) 341 11 Record the application of overhead at a rate of 150% of direct materials costs (Cutting) and 120% of direct labor cost (Stitching). Journal entry worksheet 1 (2) 34 6 7 Record the transferred conts of partially completed goods. Wote finter debila hefoce credits. Drepare journal entries for the month of le iy's transactions; Journal entry worksheet 1. Record the trander of production to finished goods, as calculated on the Cont of Coode Manufactured tab. Mente Britir det-is lerlore oredal. Prepare journal entries for the month of May's transactions. Journal entry worksheet Journal entry worksheet (1) 4 56 7 8 9 10 Record the cost of goods sold, as calculated on the cost of goods sold tab. IUete: Iriter dehits beforaeredits. The following additional information describes the company's production activities for May. Sales Prepare a schedule of cost of goods manufactured for the Cutting Department for the month of Ma The following additional information describes the company's production activities for May. Sales \$ 1,276,090 Prepare a schedule of cost of goods manufactured for the stitching Department for the month of May

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