TW 10 PIS Help Save & Exit SE HURU MURUTRUMU UN Check my w Direct materials Raw materials purchased on credit Direct materials used-cutting Direct materials used-stitching $120,000 26,500 Direct labor Direct labor-cutting Direct labor-stitching Total factory payroll paid (in cash) $ 25, 100 100,400 184,300 Factory Overhead (Actual costs) Indirect materials used Indirect labor used Other overhead costs $ 72,000 58,800 66,000 Factory Overhead Rates Cutting (150% of direct materials used) Stitching (12ex of direct labon used) Sales $1,016,000 Required: 1. Compute the amount of (a) production costs transferred from Cutting to Stitching, (b) production costs transferred from Stitching to finished goods, and (c) cost of goods sold Part 1 of 2 Work in Process (WiP) Cutting 5 points RM purchases 26.500 156) eBook 26.345 Work in Process (WIP) - Stitching References Finished Goods (FG)