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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

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:

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.

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Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] 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 $ 120,000 $ 185, 090 Work in process inventory-Weaving 300,090 330, 090 Work in process inventory-Sewing 570,090 700, 000 Finished goods inventory 1, 266,900 1, 206, 090 The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) $ 500, 000 Other actual overhead cost (paid in cash) 156, 090 Materials used Direct-weaving $ 240, 090 Direct-Sewing 75, 000 Indirect 120, 090 Labor used Direct-Weaving $ 1, 200, 090 Direct-Sewing 360, 090 Indirect 1, 224, 000 Overhead rates as a percent of direct labor Weaving 80% Sewing 150% Sales (on credit) $ 4, 000, 090Journal entry worksheet 2 4 5 6 > Record the purchase of raw materials on account. Note: Enter debits before credits. Transaction General Journal Debit Credit (a) Record entry Clear entry View general journalJournal entry worksheet 2 4 5 6 Record the usage of direct materials. Note: Enter debits before credits. Transaction General Journal Debit Credit (b) Record entry Clear entry View general journalJournal entry worksheet A N 4 5 6 Record the usage of indirect materials. Note: Enter debits before credits. Transaction General Journal Debit Credit (C) Record entry Clear entry View general journalJournal entry worksheet 2 3 4 5 6 7 Record the cost of direct labor incurred, but not yet paid. Note: Enter debits before credits. Transaction General Journal Debit Credit (d) Record entry Clear entry View general journalJournal entry worksheet

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