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omheducation.com/ext/map/index.html?_con-con&external browser 0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/w 16 Required Homework Saved Required information (The following information applies to the questions displayed below.] Pro-Weave manufactures stadium blankets by passing the
omheducation.com/ext/map/index.html?_con-con&external browser 0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/w 16 Required Homework Saved 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 then a sewing department. The following information is available regarding its June inventories: Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory Ending Inventory $ 156,000 $205,000 425,000 835,000 1,356,000 465,000 590,000 1,316,000 The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Other actual overhead cost (paid in cash) $570,000 158,000 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) $260,000 87,000 152,000 $ 1,300,000 480,000 1,600,000 90% 165% $ 4,400,000 1. Prepare journal entries dated June 30 to record: (a) raw materials purchases, (b) direct materials used, (c) indirect materials used, (d) direct lahor usert fel indirert lahorised in other actual nuerhead costs and in) nuarheart annlied < Prev 5 of 5 Next
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