Saved Help Carlberg 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 $ 31,000 93,500 113,300 7e,100 Ending Inventory $36,400 54,000 85,500 18,250 Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory The following additional information describes the company's production activities for May Direct materials S 50,000 23,000 Raw materials purchased on credit Direct materials used-Cutting Direct materials used-Stitching Direct labor $ 18,100 72,400 146,500 Direct labor-Cutting Direct labor-Stitching Total factory payroll paid (in cash) Factory Overhead (Actual costs) Indirect materials used Indirect labor used Other overhead costs $ 21,600 56,000 52.000 Novt 1 of 1 The following additional information describes the company's production activities for May Direct materials Raw materials purchased on credit Direct materials used-Cutting Direct materials used-Stitching $ 50,000 23,000 Direct labor Direct labor-Cutting Direct labor-Stitching Total factory payroll paid (in cash) $ 18,100 72,400 146,500 Factory Overhead (Actual costs) Indirect materials used $ 21,600 Indirect labor used 56,000 52,000 Other overhead costs Factory Overhead Rates Cutting Stitching Sales (150% of direct materials used) (120% of direct labor used) $456,000 General Journal Cost of Goods Mfg Goods Mfg Cutting General Cost of Requirement Raw Materials Trial Balance Cost of oode Seld Ledger Gross Profit Stitching Prepare a schedule of cost of goods manufactured for Carlberg Company for the month of May. Dates: Apr 30 to: Apr 30 Total manufacturing costs added during May Total cost of work in process Cost of Goods Mig Stitching>