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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: Raw materials inventory Work in process inventory Weaving Work in process inventory Sewing Finished goods inventory Beginning Inventory $ 146,000 320,000 745,000 1,476,000 Ending Inventory $ 269,000 515,000 820,000 1, 306,000 The following additional information describes the company's manufacturing activities for June: $ 545,000 3, 330,000 186,000 $ Raw materials purchases (on credit) Factory payroll cost (paid in cash) other factory overhead coat (Other Account 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) 272,000 79.000 142,000 $1,275,000 530,000 1,525,000 BOS 1605 44,050,000 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, ( sale of finished goods, and (dl) 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 sowing to finished goods, and (c) cost of goods sold. () Sewing (b) Finished Goods (c) Cost of goods sold Required i Required 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) cont of goods sold. View transaction list Journal entry worksheet

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