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: Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 132,000 420,000 580,000 1,426,000 Ending Inventory $ 261,080 475,000 725,000 1,206,000 The following additional information describes the company's manufacturing activities for June: $ 530,000 3,360,000 186,000 $ 250,000 96,000 166,000 Raw materials purchases (on credit) Factory payroll cost (paid in cash) Other factory overhead cost (Other Accounts credited) Materials used Direct-Weaving Direct-Sewing Indirect Labor used Direct-Weaving Direct-Sewing Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) $1,325,000 588,ree 1,625,000 85% 150% $5,050,000 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. 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 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. View transaction list Journal entry worksheet Record the goods transferred from weaving to sewing Note: Enter debts before credits Date General Journal Debit Credit Record entry Clear entry View general Journal Journal entry worksheet C D Record the goods transferred from sewing to finished goods. Note: Enter debts before credits Date General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet Record the sale of goods on account. Note: Enter debits before credits General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet A B C D Record the cost of goods sold. Note: Enter debits before credits General Journal Debit Credit Date June 30 Record entry Chareny Vir a l journal