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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

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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: Ending Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 192,000 300,000 700,000 1,456,000 Inventory $ 229,000 465,000 910,000 1,216,000 The following additional information describes the company's manufacturing activities for June $ 560.000 3,260,000 212,000 $ 266,000 81,000 154,000 Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead coat (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 Soles (on credit) $1,325,000 565,000 1,650,000 80s 1655 $4,850,000 Required information 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 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. (a) Sewing (b) Finished Goods (c) Cost of goods sold Required 2 > Journal entry worksheet Record the goods transferred from weaving to sewing. Note: Enter debits before credits. General Journal Debit Credit Date June 30 Record entry Clear entry View general journal Required information Journal entry worksheet

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