$1.$ Compute the $($a$)$ cost of products transferred from weaving to sewing, $($b$)$ cost of products transferred from sewing 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.

Beginning Inventory:

Raw materials inventory $ $160,000$

Work in process inventory$$Weaving $410,000$

Work in process inventory$$Sewing $725,000$

Finished goods inventory $1,456,000$

Ending Inventory:

Raw materials inventory: $ $221,000$

Work in process inventory$$Weaving: $405,000$

Work in process inventory$$Sewing: $775,000$

Finished goods inventory: $1,356,000$

Raw materials purchases $($on credit$)$ $ $675,000$

Other actual overhead cost $($paid in cash$)210,000$

Materials used :

Direct$$Weaving $ $264,000$

Direct$$Sewing $105,000$

Indirect $164,000$

Labor used :

Direct$$Weaving $ $1,225,000$

Direct$$Sewing $455,000$

Indirect $1,700,000$

Overhead rates as a percent of direct labor :

Weaving $85\%$

Sewing $160\%$

Sales $($on credit$)$ $ $5,050,000$