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Pro-Weave manufactures stadium biankets by passing the products through a weaving department and a sewing department The following information is available regarding its June
Pro-Weave manufactures stadium biankets by passing the products through a weaving department and a sewing department The following information is available regarding its June inventories: Beginning Inventory 124,e00 Ending Inventory 257,000 Raw materials inventory Work in process inventory- Weaving iork in process inventory- Sewing Finished goods inventory 405, e00 335,000 720,000 810,009 1,276,eee 1,346,000 The foliowing additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used Direct-Wieaving Direct-Sewing Indirect Labor used 595,000 3,340,00e 168,000 262,000 117,000 162,000 Direct-leaving Direct-Sewing Indirect S1,325,000 585,000 1,625,000 Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) sex 170% S5,350,0ee 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, 2. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods. (C) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. (a) Sewing (b) Finished Goods (e) Cost of goods sold Required 1 Required 2 Prepare journal entries dated June 30 to record (a) goods transferred from veaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet BC D A Record the goods transferred from vweaving to sewing. Note: Enter debits before credts Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet B c D Record the goods transferred from sewing to finished goods. Note: Enter debits tefore credita. Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Journal entry worksheet < A B D Record the sale of goods on account. Nate: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet < A Bc D Record the cost of goods sold. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general joumal Pro-Weave manufactures stadium biankets by passing the products through a weaving department and a sewing department The following information is available regarding its June inventories: Beginning Inventory 124,e00 Ending Inventory 257,000 Raw materials inventory Work in process inventory- Weaving iork in process inventory- Sewing Finished goods inventory 405, e00 335,000 720,000 810,009 1,276,eee 1,346,000 The foliowing additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used Direct-Wieaving Direct-Sewing Indirect Labor used 595,000 3,340,00e 168,000 262,000 117,000 162,000 Direct-leaving Direct-Sewing Indirect S1,325,000 585,000 1,625,000 Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) sex 170% S5,350,0ee 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, 2. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods. (C) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. (a) Sewing (b) Finished Goods (e) Cost of goods sold Required 1 Required 2 Prepare journal entries dated June 30 to record (a) goods transferred from veaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet BC D A Record the goods transferred from vweaving to sewing. Note: Enter debits before credts Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet B c D Record the goods transferred from sewing to finished goods. Note: Enter debits tefore credita. Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Journal entry worksheet < A B D Record the sale of goods on account. Nate: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet < A Bc D Record the cost of goods sold. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general joumal Pro-Weave manufactures stadium biankets by passing the products through a weaving department and a sewing department The following information is available regarding its June inventories: Beginning Inventory 124,e00 Ending Inventory 257,000 Raw materials inventory Work in process inventory- Weaving iork in process inventory- Sewing Finished goods inventory 405, e00 335,000 720,000 810,009 1,276,eee 1,346,000 The foliowing additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used Direct-Wieaving Direct-Sewing Indirect Labor used 595,000 3,340,00e 168,000 262,000 117,000 162,000 Direct-leaving Direct-Sewing Indirect S1,325,000 585,000 1,625,000 Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) sex 170% S5,350,0ee 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, 2. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods. (C) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. (a) Sewing (b) Finished Goods (e) Cost of goods sold Required 1 Required 2 Prepare journal entries dated June 30 to record (a) goods transferred from veaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet BC D A Record the goods transferred from vweaving to sewing. Note: Enter debits before credts Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet B c D Record the goods transferred from sewing to finished goods. Note: Enter debits tefore credita. Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Journal entry worksheet < A B D Record the sale of goods on account. Nate: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet < A Bc D Record the cost of goods sold. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general joumal Pro-Weave manufactures stadium biankets by passing the products through a weaving department and a sewing department The following information is available regarding its June inventories: Beginning Inventory 124,e00 Ending Inventory 257,000 Raw materials inventory Work in process inventory- Weaving iork in process inventory- Sewing Finished goods inventory 405, e00 335,000 720,000 810,009 1,276,eee 1,346,000 The foliowing additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used Direct-Wieaving Direct-Sewing Indirect Labor used 595,000 3,340,00e 168,000 262,000 117,000 162,000 Direct-leaving Direct-Sewing Indirect S1,325,000 585,000 1,625,000 Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) sex 170% S5,350,0ee 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, 2. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods. (C) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. (a) Sewing (b) Finished Goods (e) Cost of goods sold Required 1 Required 2 Prepare journal entries dated June 30 to record (a) goods transferred from veaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet BC D A Record the goods transferred from vweaving to sewing. Note: Enter debits before credts Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet B c D Record the goods transferred from sewing to finished goods. Note: Enter debits tefore credita. Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Journal entry worksheet < A B D Record the sale of goods on account. Nate: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet < A Bc D Record the cost of goods sold. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general joumal Pro-Weave manufactures stadium biankets by passing the products through a weaving department and a sewing department The following information is available regarding its June inventories: Beginning Inventory 124,e00 Ending Inventory 257,000 Raw materials inventory Work in process inventory- Weaving iork in process inventory- Sewing Finished goods inventory 405, e00 335,000 720,000 810,009 1,276,eee 1,346,000 The foliowing additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used Direct-Wieaving Direct-Sewing Indirect Labor used 595,000 3,340,00e 168,000 262,000 117,000 162,000 Direct-leaving Direct-Sewing Indirect S1,325,000 585,000 1,625,000 Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) sex 170% S5,350,0ee 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, 2. Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods. (C) sale of finished goods, and (d) cost of goods sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. (a) Sewing (b) Finished Goods (e) Cost of goods sold Required 1 Required 2 Prepare journal entries dated June 30 to record (a) goods transferred from veaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet BC D A Record the goods transferred from vweaving to sewing. Note: Enter debits before credts Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet B c D Record the goods transferred from sewing to finished goods. Note: Enter debits tefore credita. Date General Journal Debit Credit June 30 Record entry Clear entry View general jourmal Journal entry worksheet < A B D Record the sale of goods on account. Nate: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet < A Bc D Record the cost of goods sold. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general joumal
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