1. Compute the (of products transferred from weaving to sewing . (b) cost of products transferred from sewing to Pinished goods and ( ) 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

Required information The following information applies to the questions displayed below.) 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: Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 120,000 300,000 570,000 1, 266,000 Ending Inventory $ 185,000 330,000 700,000 1,206,000 The following additional information describes the company's manufacturing activities for June: $ 500,000 3,060,000 156,000 $ 240,000 75,000 120,000 Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used Direct-Weaving Direct-Sewing Indirect Labor used Direct-Weaving Direct-Sewing Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) $1,200,000 360,000 1,500,000 808 1508 $4,000,000 Sales (on credit) 1508 $4,000,000 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 lal 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 (6) Finished Goods (c) Cost of goods sold Nered Required 2 > Saved Help Save & Exit Check Required information Required 1 Required 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. View transaction list Journal entry worksheet B C D Record the goods transferred from weaving to sewing. Note: Enter debits before credits Date General Journal Debit Credit June 30 TISTE youus, 1 sdie UI TITUSITE yuuus, anu (u) LUSL DI Youus suu. View transaction list Journal entry worksheet Record the goods transferred from sewing to finished goods. Note: Enter debits before credits. General Journal Debit Date June 30 Credit Record entry Clear entry View general journal - VUIL VI I NTCU yuuus, anu (u) CUSL UI YUuus SIU. View transaction list Journal entry worksheet Record the sale of goods on account. OS Note: Enter debits before Date June 30 General Journal Debit Credit Record entry Clear entry View general journal TISTIeu yuuus, (C) Sdie or Steu yuuus, dnu (U) CUSL UI YUuus suu. View transaction list Journal entry worksheet