Bb Chapter 6 - How Cells Harvest X Question 17 - Reporting - Algo X calculator - Google Search X + ( ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASSBKE... ( ) * 1 0 Update : M Gmail YouTube Maps BIOL 1111 Lab- Sp... Bb WGTC - Blackboa... O My Apps Dashboa M McGraw-Hill Conn... Course Home Reporting - Algorithmic i Saved Help Save & Exit Submit Check my work 17 I ne following Information applies to the questions displayed below.] 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: Part 1 of 2 Beginning Ending Inventory Inventory Raw materials inventory $ 136, 000 $ 281, 000 Work in process inventory-Weaving 360, 000 455 , 000 625, 000 750 , 00 5 Work in process inventory-Sewing Finished goods inventory 1, 476, 000 1, 426, 000 points The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) $ 565, 000 204, 000 Book Other actual overhead cost (paid in cash) Materials used Direct-Weaving $ 258, 000 Direct-Sewing 120 , 000 Hint Indirect 172, 000 Labor used Direct-Weaving $ 1, 300, 000 Direct-Sewing 380 , 000 Indirect 1, 525, 000 Print Overhead rates as a percent of direct labor Weaving 80% Sewing 155% Sales (on credit) $ 5,300, 000 References Exercise 20-24 (Algo) Entries for transfer of goods across departments LO P4 Required: 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. Hint. Compute the total production costs in each department and then subtract the ending inventory to get the amount transferred out of each department. 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 Mc Graw Prev 17 18 of 23 Next >Bb Chapter 6 - How Cells Harvest X Question 17 - Reporting - Algo X calculator - Google Search X + ( ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASSBKE... ( ) * 1 0 Update : M Gmail YouTube Maps BIOL 1111 Lab- Sp... Bb WGTC - Blackboa... O My Apps Dashboa M McGraw-Hill Conn... Course Home Reporting - Algorithmic i Saved Help Save & Exit Submit Check my work 17 indirect 1 /4, 000 Labor used Direct-Weaving $ 1, 300, 000 Direct-Sewing 380, 000 Indirect 1, 525, 000 Overhead rates as a percent of direct labor Part 1 of 2 Weaving 80% Sewing 155% Sales (on credit) $ 5, 300, 000 5 points Exercise 20-24 (Algo) Entries for transfer of goods across departments LO P4 Required: eBook 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. 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 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 Print Complete this question by entering your answers in the tabs below. References 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) Transferred from Weaving to Sewing (b) Transferred from Sewing to Finished Goods (c) Cost of goods sold Required 1 Required 2 > Mc Graw Prev 17 18 of 23 Next > HillBb Chapter 6 - How Cells Harvest X Question 17 - Reporting - Algo X calculator - Google Search X + ( ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASSBKE... ( ) * 1 0 Update : M Gmail YouTube Maps BIOL 1111 Lab- Sp... Bb WGTC - Blackboa... O My Apps Dashboa M McGraw-Hill Conn... Course Home Reporting - Algorithmic i Saved Help Save & Exit Submit Check my work 17 finished wands lal rain of finished aandde Required information Complete this question by entering your answers in the tabs below. Part 1 of 2 Required 1 Required 2 5 Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred from sewing to points finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Book Journal entry worksheet Hint B C D Print Record the goods transferred from weaving to sewing. n References Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Bb Chapter 6 - How Cells Harvest X Question 17 - Reporting - Algo X calculator - Google Search X + ( ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASSBKE... ( ) * 1 0 Update : M Gmail YouTube Maps BIOL 1111 Lab- Sp... Bb WGTC - Blackboa... O My Apps Dashboa M McGraw-Hill Conn... Course Home Reporting - Algorithmic i Saved Help Save & Exit Submit Check my work 17 finished wands lal rain of finished wands Required information Complete this question by entering your answers in the tabs below. Part 1 of 2 Required 1 Required 2 5 Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred from sewing to points finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Book Journal entry worksheet Hint A B C D Print Record the goods transferred from sewing to finished goods. n References Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Bb Chapter 6 - How Cells Harvest X Question 17 - Reporting - Algo X calculator - Google Search X + ( ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASSBKE... ( ) * 1 0 Update : M Gmail YouTube Maps BIOL 1111 Lab- Sp... Bb WGTC - Blackboa... O My Apps Dashboa M McGraw-Hill Conn... Course Home Reporting - Algorithmic i Saved Help Save & Exit Submit Check my work 17 finished wands lal rain of finished wands Required information Complete this question by entering your answers in the tabs below. Part 1 of 2 Required 1 Required 2 5 Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred from sewing to points finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Book Journal entry worksheet Hint A B C D Print Record the sale on credit. n References Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Bb Chapter 6 - How Cells Harvest X Question 17 - Reporting - Algo X calculator - Google Search X + ( ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-group/kEZASSBKE... ( ) * 1 0 Update : M Gmail YouTube Maps BIOL 1111 Lab- Sp... Bb WGTC - Blackboa... O My Apps Dashboa M McGraw-Hill Conn... Course Home Reporting - Algorithmic i Saved Help Save & Exit Submit Check my work 17 finished wands lal rain of finished wands Required information Complete this question by entering your answers in the tabs below. Part 1 of 2 Required 1 Required 2 5 Prepare journal entries dated June 30 to record (a) goods transferred from weaving to sewing, (b) goods transferred from sewing to points finished goods, (c) sale of finished goods, and (d) cost of goods sold. View transaction list Book Journal entry worksheet Hint A B D Print Record the cost of goods sold. n References Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal