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
Work in process inventoryCutting		103,500			90,500
Work in process inventoryStitching		123,300			79,100
Finished goods inventory		32,100			20,250

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

Direct materials
Raw materials purchased on credit	$	55,000
Direct materials usedCutting		23,250
Direct materials usedStitching		0

Direct labor
Direct laborCutting	$	18,600
Direct laborStitching		74,400
Total factory payroll paid (in cash)		149,200

Factory Overhead (Actual costs)
Indirect materials used	$	25,200
Indirect labor used		56,200
Other overhead costs		53,000

Factory Overhead Rates
Cutting	(150% of direct materials used	)
Stitching	(120% of direct labor used	)
Sales	$496,000

Required: 1. Compute the amount of (a) production costs transferred from Cutting to Stitching, (b) production costs transferred from Stitching to finished goods, and (c) cost of goods sold.