Beginning Inventory Ending Inventory Raw materials inventory $ 154,000 $213,000 Work in process inventory-Weaving 440,000 520,000 Work in process inventory-Sewing 655,000 1,476,000 795,000 1,246,000 Finished goods inventory The following additional information describes the company's manufacturing activities for June: 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) $ 645,000 3,540,000 192,000 $ 298,000 132,000 166,000 $1,400,000 465,000 1,675,000 90% 155% $4,650,000 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.