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 Raw materials inventory Work in process inventory-Weaving Work in process inventory-Seving Finished goods inventory Inventory Ending Inventory $166,000 $ 289,000 370,000 480,000 725,000 1,406,000 580,000 1,406,000 The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Other actual overhead cost (paid in cash) Materials used Direct-Weaving Direct-Seving Indirect Labor used Direct-Weaving Direct-Seving Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) $ 550,000 184,000 $270,000 126,000 176,000 $ 1,225,000 585,000 1,550,000 90% 1659 $ 5,050,000 Required: 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. Hint Compute the total production costs in each department and then subtract the ending inventory to get Required: 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. Hint Compute the total production costs in each department and then subtract the ending inventory to get the amount transferred out of each department 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) Transferred from Weaving to Sewing b) Transferred from Bewing to Finished Goods (e) Cost of goods sold Required 2> 1. Prepare journal entries dated June 30 to record: (a) raw materials purchases, (b) direct materials used, (c) indirect materials used, (d) direct labor used, (e) indirect labor used, (f) other actual overhead costs, and (g) overhead applied. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 Record the purchase of raw materials on account. Note: Enter debits before credits Transaction (a) General Journal Debit Credit Record entry Clear entry View general journal