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!!!!!!!!!!!!!!!!!! Date begin{tabular}{|l|l|} hline Calculate cost of goods sold: hline hline Cost of goods available for sale & hline & hline

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image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Date \begin{tabular}{|l|l|} \hline Calculate cost of goods sold: \\ \hline \\ \hline Cost of goods available for sale & \\ \hline & \\ \hline Cost of goods sold & \\ \hline \end{tabular} 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 available regarding its May inventories: The following additional information describes the company's production activities for May. \begin{tabular}{|l|l|} \hline Beginning Raw Materials Inventory & \\ \hline & \\ \hline Materials available for use & \\ \hline & \\ \hline & \\ \hline Ending raw material inventory & $ \\ \hline \end{tabular}

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