Sierra Company manufactures soccer balls in two sequential processesCutting and Sutching. 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 Raw materials inventory $ 41,000 548,700 Work in process inventory-Cutting 113,500 95, see Work in process Inventory--stitching 133,300 82,200 Finished goods inventory 34,100 22,250 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 $ 60,000 23,500 Direct labor Direct labor-Cutting $ 19,100 Direct labor-stitching 76,400 Factory Overhead (Actual costs) Indirect materials used $ 28,808 Indirect labor used 56,400 Other overhead costs 54,000 Factory Overhead Rates Cutting Stitching Sales 150% of direct materials used 128% of direct labor used $ 536,000 2. Prepare May 31 journal entries to record the following May activities: 2. Raw materials purchases b. Direct materials used C. Indirect materials used d. Direct labor used e. Indirect labor used 1. Other overhead costs paid in cash 9. Overhead applied h. Goods transferred from Cutting to Stitching 1. Goods transferred from Sutching to finished goods 1. Sales on accounts K. Cost of goods sold View transaction list Journal entry worksheet