Problem 16-1A Production cost flow and measurement; journal entries LO P1, P2, P3, P4 [The following information applies to the questions disployed beiow] Sieva Company manufoctures soccer balls in two sequentiai processes: Cutting and Sviching All direct materials enter production at the beginning of the Cutting process. The following information is avatabie tegarding its May inventories: The following additional information describes the companyss producton sctivites for May. Factory gyerhead Fatea Cutting itsob of atreet ratertale ebwi istitehing I220 of direct 12b04=00 5alea ) 22.009 Problem 16-1A Part 1 Required: 1. Compute the Bmbunt of (a) production costs transferred from Cutting to Stroning. (b) production costs transferred from 5 titching to finished goods, and (c) cost of goods sold