Sierra 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: Beginning Inventory Ending Inventory Work in process inventory—Cutting 103,500 90,500 Work in process inventory—Stitching 123,300 79,100 Finished goods inventory 32,100 20,250 The following additional information describes the company's production activities for May.

R equired information Problem 20-1A Production cost flow and measurement; journal entries LO P1 [The following information applies to the questions displayed below.) Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitch production at the beginning of the Cutting process. The following information is available Raw materials inventory Work in process inventory-Cutting Work in process inventory Stitching Finished goods inventory Beginning Inventory $16,000 63,500 83,300 24, leo Ending Inventory $17,950 70.500 66,700 12,250 The following additional information describes the company's production activities for May Direct materials Raw materials purchased on credit Direct materials used-cutting Direct materials used-stitching 5 35.000 22,250 Direct Tab 12 of 2 Next > Saved Check my work mode : This shows what is correct or incorrect for the work yo The following additional information describes the company's production Direct materials Raw materials purchased on credit Direct materials used-Cutting Direct materials used-stitching $ 35,000 22,250 Direct labor Direct labor-Cutting Direct labor-Stitching Total factory payroll paid (in cash) $ 16,699 66,490 138, 40e Factory Overhead (Actual costs) Indirect materials used Indirect labor used Other overhead costs $ 10,800 55,400 49,000 Raw materials purchased on credit Direct materials used-Cutting Direct materials used-stitching $ 35,00 22,250 Direct labor Direct labor-Cutting Direct labor-Stitching Total factory payroll paid (in cash) $ 16,689 66,480 138,400 Factory Overhead (Actual costs) Indirect materials used Indirect labor used Other overhead costs $ 10,800 55,400 49,000 Factory Overhead Rates Cutting (150% of direct materials used) Stitching (120% of direct labor used) Sales $336,000 Piex1 2 of 2 Competeu su Tor. It does Required information RM - April 30 RM purchases RM - May 31 Raw Materials (RM). 16.000 Indirect materials used 35.000 Direct materials - Cutting 17.950 22 250 10.800 35.900 219 430 WIP - April 30 Direct materials - Stitching Direct labor. Cutting Overapolled overhead - Cutting % $ Work in Process (WIP) Stitching 83.300 Cost of goods sold 66,400 56.750® 79,680 66.700 Factory Overhead 1 2 of 2 Next > id Windows to be a 9 W WORMode

The correct answer is d