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A company makes guitars in two processes. All direct materials enter production at the beginning of the Cutting process.

Guitars are then transferred to the next process, which is Finishing. Information on May inventories follows.

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

Sales $$61,980$

Required:

Calculate $($a$)$ production costs transferred from Cutting to Finishing, $($b$)$ production costs transferred from Finishing to finished goods,

and $($c$)$ cost of goods sold. Hint: Compute the total production costs in each department and then subtract the ending inventory to get

the amount transferred out of each department.