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:

Beginning Inventory Ending Inventory

Raw materials inventory $ $146,000$ $ $285,000$

Work in process inventory$$Weaving $415,000435,000$

Work in process inventory$$Sewing $575,000775,000$

Finished goods inventory $1,386,0001,476,000$

The following additional information describes the company$$s manufacturing activities for June:

Raw materials purchases $($on credit$)$ $ $625,000$

Other actual overhead cost $($paid in cash$)178,000$

Materials used

Direct$$Weaving $ $320,000$

Direct$$Sewing $93,000$

Indirect $128,000$

Labor used

Direct$$Weaving $ $1,350,000$

Direct$$Sewing $455,000$

Indirect $1,750,000$

Overhead rates as a percent of direct labor

Weaving $85\%$

Sewing $155\%$

Sales $($on credit$)$ $ $5,000,000$

Required:

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. Hint: Compute the total production costs in each department and then subtract the ending inventory to get the amount transferred out of each department.

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.