Help 20-5A

Required information Problem 20-5A (Algo) Production cost flow and measurement; journal entries LO P3, P4 [The following information applies to the questions displayed below] Sierra Company manufactures soccet 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. roblem 20.5A (Algo) Part 2 Prepare May 31 joumal entries to record the following May activities: 2. Prepare May 31 journal entries to record the following May activities. a. Raw materials purchases b. Direct materials used c. Indirect materlals used d. Direct labor used e. Indirect labor used f. Other overhead costs paid in cash g. Overhead applied h. Goods transferred from Cutting to Stitching i. Goods transferred from Stitching to finished goods j. Sales (on account) k. Cost of goods sold Required information \begin{tabular}{|c|c|c|c|c|c|} \hline & & & Raw materials inventory & & 22,500 \\ \hline \multirow[t]{2}{*}{>} & 3 & May 31 & Factory overhead & 14,400 & \\ \hline & & & Raw materials invontory & E & 14,400 \\ \hline \multirow[t]{4}{*}{