$ Beginning Ending Inventory Inventory 184,000 $ 229,000 340,000 330,000 Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory 650,000 1,376,000 845,000 1,366,000 The following additional information describes the company's manufacturing activities for June: $ 660,000 3,190,000 216,000 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) 298,000 141,000 188,000 $1,300,000 590,000 1, 675,000 85% 155% $4,000,000 Exercise 16-15 Recording product costs LO P1, P2, P3 1. Prepare journal entries dated June 30 to record: (a) raw materials purchases, (b) direct materials usage. (C) Indirect materials usage, (d) direct labor usage, (e) Indirect labor usage. (1) other overhead costs, (a) overhead applied, and (h) payment of total payroll costs. View transaction list Journal entry worksheet 2 3 4 5 6 7 8 Record the purchase of raw materials on account. Note: Enter debits before credits Transaction General Journal Debit Credit