Refer to the information in Exercise.
In exercise Pro-Weave manufactures stadium blankets by passing the products through a weaving department and a sewing department. The following information is available regarding its June inventories:

The following additional information describes the company€™s manufacturing activities for June:
Raw materials purchases (on credit). . . . . . . . . . . . . . . . . . . $ 500,000
Factory payroll cost (paid in cash). . . . . . . . . . . . . . . . . . . . . 3,060,000
Other factory overhead cost (Other Accounts credited) . . . 156,000
Materials used
Direct€”Weaving . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 240,000
Direct€”Sewing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75,000
Indirect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120,000
Labor used
Direct€”Weaving . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$1,200,000
Direct€”Sewing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 360,000
Indirect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,500,000
Overhead rates as a percent of direct labor
Weaving . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80%
Sewing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150%
Sales (on credit). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$4,000,000
Prepare journal entries dated June 30 to record:
(a) Raw materials purchases,
(b) Direct materials usage,
(c) Indirect materials usage,
(d) Direct labor usage,
(e) Indirect labor usage,
(f) Other overhead costs,
(g) Overhead applied,
(h) Payment of total payroll costs.

Transcribed Image Text:

Beginning Ending Raw materials inventory Work in process inventory-Weaving Work in process inventory Sewing.... Inventory Inventory ...$ 120,000 $185,000 330,000 700,000 1,206,000 300,000 570,000 I,266,000 -..-