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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 Erding Inventory Inventory Raterials inventory $ 154,010 1 285.66 Work in process inventory Weaving 485.000 540.000 Work in process inventory Sewing 595,000 995.00 Finished goods inventory 1.316.000 1.346.000 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-Seving Indirect Labor used Direct-Weaving Direct-sewing Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales con credit) $585,200 3,400,000 216,000 $ 250.000 223.ee 144,000 $1,250.000 465.000 1.725,000 854 165 $4,600.ee 1. Compute the cost of products transferred from weaving to sewing, cost of products transferred from sewing to finished goods, and cost of goods sold. 2. Prepare journal entries dated June 30 to record al goods transferred from weaving to sewing, tbl goods transferred from sewing to finished goods, I sale of finished goods, and cost of goods sold Complete this question by entering your answers in the tabs below. Red Roureda Comote the (a) cost of produas transferred from weaving to sewing. (b) cost of products transferred from swing to finished goods, and (c) cost of goods sold. Sewing de Goods Contgoed Regina > weaving department and a sewing department. The following information is available regarding its June inventories: Beginning Ending Inventory Inventory Raw materials inventory $ 154,000 $285,000 Work in process inventory-Weaving 485,000 540,000 Work in process inventory-Sewing 595,000 905,000 Finished goods inventory 1,316,000 1,346,000 The following additional information describes the company's manufacturing activities for June: $ 585,000 3, 440,000 216,000 $ 250,000 123,000 144,000 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 Direct-Sewing Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) $1,250,000 465,000 1,725,000 854 1654 $4,688,880 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 joumal entries dated June 30 to record (a) goods transferred from weaving to sewing. (b) goods transferred from sewing to finished goods, ( 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 () 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 ci Cost of goods sold

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