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Reguired intormation Newilend Required information [The following informotion applies to the questions displayed below] Sterra Company manufactures soccer balls in wo sequental processes: Cumng and
Reguired intormation Newilend Required information [The following informotion applies to the questions displayed below] Sterra Company manufactures soccer balls in wo sequental processes: Cumng and Stiching. All direct materias enter production at the beginning of the curting process. The following information is avallable regarding its May inventorles: The following addiuonal information describes the companys productson activites for May. 2. Prepare May 31 journaf entries to record the following Moy activitiers: - Ravi moterlals purchases b. Direct materials used c. Indirect materias used d. Diect labor used e. indirect tobor used t. Other overhead costs poid in cash 9. Overhead applied h. Goods transferred fiom Cumng to statching 1. Goods uansferted from Sinching to finshed goods J. Sales (an account) k. Cost of goods sold
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