2 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: Beginning Ending Inventory Inventory Raw materials inventory $ 178,000 $ 205,000 Work in process inventory-Weaving 355,000 500,000 Work in process inventory-Sewing 660,000 850,000 Finished goods inventory 1,326,000 1,406,000 The following additional information describes the company's manufacturing activities for June: $ 655,000 3,440,000 192,000 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) $ 280,000 99,000 182,000 $1,225,000 490,000 1,725,000 85% 150% $4,650,000 1. Compute the (a) cost of products transferred from weaving to sewing, (b) cost of products transferred from sewing to finishe and (c) cost of goods sold. 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 (c) Cost of goods sold Required 1 Required 2 > Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet Record the goods transferred from sewing to finished goods. Note: Enter debits before credits. Date General Journal June 30 Debit Credit Record entry Clear entre D > Record the sale of goods on account. Note: Enter debits before credits. Date General Journal June 30 Debit Credit Record entry Clear entry et