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Sierra 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.

Beginning Inventory Ending Inventory

Raw materials inventory $ $16,000$ $ $17,950$

Work in process inventory$$Cutting $63,50070,500$

Work in process inventory$$Stitching $83,30066,700$

Finished goods inventory $24,10012,250$

The following additional information describes the company's production activities for May.

Direct materials

Raw materials purchased on credit $ $35,000$

Direct materials used$$Cutting $22,250$

Direct materials used$$Stitching $0$

Direct labor

Direct labor$$Cutting $ $16,600$

Direct labor$$Stitching $66,400$

Factory Overhead $($Actual costs$)$

Indirect materials used $ $10,800$

Indirect labor used $55,400$

Other overhead costs $49,000$

Factory Overhead Rates

Cutting $150\%$ of direct materials used

Stitching $120\%$ of direct labor used

Sales $ $336,000$

$2.$ Prepare May $31$ journal entries to record the following May activities:

Raw materials purchases

Direct materials used

Indirect materials used

Direct labor used

Indirect labor used

Other overhead costs paid in cash

Overhead applied

Goods transferred from Cutting to Stitching

Goods transferred from Stitching to finished goods

Sales $($on account$)$

Cost of goods sold