Part 1 of 2 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 D Beginning Ending Thventory Inventory Masterials inventory $ 120.0005185,000 Work in process inventory-weaving 30,000 330.000 Mer in process inventory Sewing $70,000 700.000 Fished goods inventory Hint The following additional information describes the company's manufacturing activities for June . 1, 156,000 Materials purchases concret) Factory anal con (ad in th) Other factory overhead cost other Accredited) Matate Directie Utructing Indirect Lahore Uretan Direct- 1140,000 75.000 120.000 10.000 10.00 Uw rates bereitet or Wind Se SLO H.00.00 1. Compute the cost of products transferred to weaving to sewing, cocott of couets transferrea from sewing to shed goods 1 $ 500,000 3,860,000 156, Part 1 of 2 $ 240,000 75,000 120,000 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 Directing Indirect Overhead rates as a percent of direct labar Weaving Sewing Sales con credit) olm $1,200, cee 360.ee 1,500,000 150% 54,000,000 book Hint 1. Compute the (al cost of products transferred from Weaving to sewing. ( cost of products transferred from sewing to finished goods, and (c) cost of goods sold, 2. Prepare journal entries dated June 30 to record al goods transferred from weaving to sewing. (b) goods transferred from sewing to Tinished goods. (c) sale of finished goods, and (d) cost of goods sold Complete this question by entering your answers in the tabs below. Required: Required Compute the (b) cost of products transferred from weaving to sewing. (b) cost of product transferred from sewing to finished goods and (c) cost of goods old. Suwo sed do Con