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The following additional information describes the company's production activitles for May. Direct naterials Raw materials purchased on credit Direct naterials used - Cutting Direct naterials
The following additional information describes the company's production activitles for May.
Direct naterials
Raw materials purchased on credit
Direct naterials usedCutting
Direct naterials usedstitching
Direct labor
Direct laborCutting
Oirect laborstitching
Factory Overhead Actual costs
Indirect materlals used
Indirect labor used
other overhead costs
$
Factory Overhead Rates
Cutting
stitching
ex of direct naterials used
ex of direct labor used
Sales
$
General Journal tab Journalize the transactions related to Sweet 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 Sweet
Company during the month of May.
General Ledger ta 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 tabGeneral 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 tabPrepare a schedule of cost of goods manufactured for Sweet
Company for the month of May.
Cost of Goods Sold tabPrepare a schedule of cost of goods sold for Sweet Company for the month of May.
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