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. The following additional information describes the company's production activities for May. Direct labor Direct labor-Cutting $16,100 Direct labor-stitching 64,400 Factory Overhead (Actual costs) Indirect materials used Indirect labor used Other overhead costs $7,200 55,200 48,000 Factory Overhead Rates Cutting 150% of direct materials used Stitching 120% of direct labor used Sales $296,000 2. Prepare May 31 journal entries to record the following May activities: a. Raw materials purchases b. Direct materials used c. Indirect materials used d. Direct labor used e. Indirect labor used f. Other overhead costs paid in cash g. Overhead applied h. Goods transferred from Cutting to Stitching i. Goods transferred from Stitching to finished goods j. Sales (on account) k. Cost of goods sold