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Chapter 3 Homework 12 Part 2 of 2 3 points Seved Required information (The following information applies to the questions displayed below] Pro-Weave manufactures
Chapter 3 Homework 12 Part 2 of 2 3 points Seved 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: Mork in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Raw materials inventory Hint Ph Beginning Inventory 5 134,000 400,000 720,000 3,306,000 Ending Inventory $281,000 375,000 845,000 1,236,000 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 590,000 3,565,000 188,000 $ 276,000 90,000 134,000 $1,350,000 465,000 Overhead rates as a percent of direct Labor Weaving Seving Sales (on credit) 1,750,000 85 165 $4,700,000 Help Sav
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