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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:
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: Baw materials inventory Work in process inventory-Weaving Work in proceso Laventory-Sering Finished goods Inventory Teginning Ending Inventory Inventory $ 134,000 $225,000 315,000 475,000 725,000 820,000 1,436,000 1,376,000 The following additional information describes the company's manufacturing activities for June: $ 540,000 3,400,000 204,000 na materials purchases con credit) Factory payroll cost (paid in cash) Othat fitory overhead coat other counte credited) Direct-Weaving Direct-Gewing Indirect Labor wood Direct- Direct-Being Indret Overhead te percent of direct labor Weaving sale con credit $ 306,000 114,000 182.000 $1,300,000 400,000 1.700,000 058 2558 14,750,000 t. Prepare journal entries dated June 30 to recordaraw materials purchases, (bdirect materials usage. (c) Indirect materials usage, lodret bor usage. Indirect labor usage other overhead costs. It overhead applied, and payment of total payroll costs.
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