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Strods 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. Verify the ending balance in raw materials inventory. Materials used should be indicated with a minus sign. Prepara a schedule of cost of goods manufactured for the Cutting Departurent for the month af May. Prepare a schedule of cost of goods manufactured for the Stitching Department for the month of May. Calculate the value of cost of goods sold for the month of May. Ignore any over-or underapplied overhead in the calculation of cost of goods sold. Calculate the value of gross profit for the month of May