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 Ending Inventory Inventory Work in process inventory Cutting 193,500 135,500 work in process inventory-stitching 213,300 107,000 Finished goods inventory 50, 100 38,250 The following additional information describes the company's production activities for May. Diret materiale Raw materiale purchased on credit Direct materials used-Cutting Direct materials used-stitching $100,000 25,500 O Direct labor Direct labor-cutting Direct labor-stitching Zotal factory payroll paid in cash) $ 23,100 92,400 173,500 Factory overhead actual coat) Indirect materials used Indirect labor used Othat overhead doute 557,600 50,000 62,000 Factory Ohad actual cost Inditet materiale Indirect labore Oh overhead coste 557.600 50.000 62,000 Factory Overhead Rates cutting (1501 of direct materials used) stitching (120) of direct laboruged) Blo 5856.000 Required: 1. Compute the amount of (a) production costs transferred from Cutting to Sutching. () production costs transferred from Suitching to finished goods, and cost of goods sold Work in Process (WIP) - Cutting WIP April 30 Work in Process (WIP) Stitching Work in Process (WIP) - Cutting WIP April 30 Work in Process (WIP) - Stitching + Finished Goods (FG)