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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: Beginning Ending Raw materials inventory $ 120, 000 $ 185, 00o Work in process inventory -Weaving Work in process inventory -Sewing Finished goods inventory 1, 266, 000 1, 206, o00 Inventory 300, 000 570, 000 Inventory 330, o00 700, 0o0 The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Factory wages cost (paid in cash) other factory overhead cost (other Accounts credited) Materials used $ 500, 000 3,060, 000 156, 000 Direct-Weaving Direct-Sewing $ 240,000 75,000 Next >
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