Strods 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 materials

Raw materials purchased on credit $$100,000$

Direct materials used$-$Cutting $25,500$

Direct materials used$-$Stitching $$

Direct labor

Direct labor$-$Cutting

Direct labor$-$Stitching

Factory Overhead $($Actual costs$)$

Indirect materials used

Indirect labor used

other overhead costs

Factory Overhead Rates

Cutting

stitching

$(156\%$ of direct materials used$)$

$(129\%$ of direct labor used$)$

Sales

$$856,09$

General Journal tab $-$ Journalize the transactions related to Strods Company's manufacturing of soccer balls. The General

Ledger and Trial Balance will be updated based on your entries. Prepare journal entries to record the transactions of Strods

Company during the month of May.

General Ledger tab $-$ One of the advantages of general ledger software is that posting is done automatically. To see the

detail of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the

General Ledger tab.

Trial Balance tab $-$ General ledger software also automates the preparation of trial balances. A trial balance lists each

account from the General Ledger, along with its balance, either a debit or a credit. Total debits should always equal total

credits.

Raw Materials tab $-$ Calculate the total cost of direct materials used in production during May.

Cost of Goods Manufactured Cutting and Stitching tab$-$Prepare a schedule of cost of goods manufactured for Strods

Company for the month of May.

Cost of Goods Sold tab $-$ Prepare a schedule of cost of goods sold for Strods Company for the month of May.

Gross Profit tab $-$ Calculate the gross profit on sales for May.