675,000 3, 350,000 214.000 Raw materials purchases Con credit) Factory payroll cost (paid an cash) Other factory overhead cost (Other Account credited) Materials used Direct-Yewing Direct-Seving Indirect Laborund Direct - Veaving Direct-Sewing Indirect Overhead rates as a percent of direct labor Veaving Sewing Sales Con credit) $302.000 114.000 166.000 $1.300.000 450.000 1.600.000 BE 1700 $4.050.000 Exercise 20-14 Production cost flow and measurement; journal entries LO P4 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 Complete this question by entering your answers in the tabs below. 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, ) sale of finished goods, and (d) cost of goods sold. View transaction list Journal entry worksheet