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2 Pro-Weave manufactures stadium blankets by passing the products through a weaving department and then a sewing department. The following Information is available regarding its

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2 Pro-Weave manufactures stadium blankets by passing the products through a weaving department and then a sewing department. The following Information is available regarding its June inventories: Beginning Ending Inventory Inventory Raw materials inventory $ 162,000 $ 189,000 Work in process inventory-Weaving 315,000 340,000 Work in process inventory-Sewing 720,000 880,000 Finished goods inventory 1,436,000 1,376,000 The following additional Information describes the company's manufacturing activities for June: $ 675,000 210,000 $ 270,000 132,000 142,000 Raw materials purchases (on credit) Other actual overhead cost (paid in cash) 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) $ 1,400,000 490,000 1,675,000 858 1704 $ 4,150,000 Required 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. Hint: Compute the total production costs in each department and then subtract the ending inventory to get the amount transferred out of each department. Hint: Compute the total production costs in each department Show more (a) Transferred to Sewing from Weaving () Transferred to Finished Goods from Sewing (c) Cost of goods sold Required Required 2 > Journal entry worksheet B D > Record the goods transferred from weaving to sewing. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet

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