Factory Overhead Rates Cutting Stitching (150% of direct materials used) (120% of direct labor used) Sales $ 256,000 Requirement General Journal General Ledger Trial Balance Raw Materials Cost of Goods Mfg Cutting Cost of Goods Mfg Stitching Cost of Goods Sold Gross Profit Prepare a schedule of cost of goods manufactured for the Cutting Department for the month of May. Dates: April 30 to: April 30 Transferred-in from Cutting Total manufacturing costs added during May Total cost of work in process Raw Materials Cost of Goods Mfg Stitching