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Slerra Company manufactures soccer balis in two sequential processes, Cutting and Stitching. All direct materials enter production at the beginning of the cutting process. The

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Slerra Company manufactures soccer balis in two sequential processes, Cutting and Stitching. All direct materials enter production at the beginning of the cutting process. The following information is avallable regarding its May inventones The following additional information describes the company's production activities for May. Problem 3-5A (Algo) Part 2 2. Prepare May 31 journal entries to record the following May activities: 0. Raw materiais purchases b. Direct matenals used c. Indirect materiais used d. Direct labor used e. Indirect labor used f. Other overhead costs paid in cash 9. Overhead applled h. Goods transferred from Cutting to Stitching 1. Goods transferred from Sutching to finished goods J. Sales (on account) k. Cost of goods sold

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