GL$0301-$ Based on Problem $3-5$A $($Algo$)$ LO P$3,$ P$4$

Ryan 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:

$\backslash$table$[[,\backslash$table$[[$Beginning$],[$Inventory$]],\backslash$table$[[$Ending$],[$Inventyry$]]],[$Raw materials inventory,$$46,000,$$$54,850$