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:

	Beginning Inventory	Ending Inventory
Raw materials inventory	$ 140,000	$ 221,000
Work in process inventoryWeaving	330,000	520,000
Work in process inventorySewing	720,000	925,000
Finished goods inventory	1,346,000	1,466,000

The following additional information describes the companys manufacturing activities for June:

Raw materials purchases (on credit)

$ 645,000

Factory payroll cost (paid in cash)

3,360,000

Other factory overhead cost (Other Accounts credited)

208,000

Materials used

DirectWeaving

$ 280,000

DirectSewing

105,000

Indirect

194,000

Labor used

DirectWeaving

$1,350,000

DirectSewing

400,000

Indirect

1,600,000

Overhead rates as a percent of direct labor

Weaving

85%

Sewing

155%

Sales (on credit)

$5,350,000

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.

NOT SURE IF THESE ARE CORRECT??

(a)	From weaving to sewing	$2,587,500
(b)	From sewing to finished goods	$362,000
(c)	Cost of goods sold

No	Date	General Journal	Debit	Credit
1	June 30	Work in process inventorySewing
1		Work in process inventoryWeaving
2	June 30	Finished goods inventory
2		Work in process inventorySewing
3	June 30	Accounts receivable
3		Sales
4	June 30	Cost of goods sold
4		Finished goods inventory