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Required information [The following information applies to the questions displayed below.] Pro-Weave manufactures stadium blankets by passing the products through a weaving department and
Required information [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: Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 148,000 480,000 745,000 1,286,000 Ending Inventory $209,000 465,000 905,000 1,346,000 The following additional information describes the company's manufacturing activities for June: Raw materials purchases (on credit) Other actual overhead cost (paid in cash) Materials used Direct-Weaving Direct-Sewing Labor used Indirect Direct Weaving Direct-Sewing Indirect Overhead rates as a percent of direct labor Weaving Sewing Sales (on credit) $ 555,000 180,000 $ 268,000 96,000 188,000 $1,400,000 530,000 1,625,000 85% 160% $ 4,600,000 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. View transaction list 5 18 oints eflook 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. View transaction list Journal entry worksheet Hint 2 34 5 6 7 Record the purchase of raw materials on account. Note: Enter debits before credits Transaction (a) General Journal Debit Credit Record entry Clear entry View general journal 15 points View transaction list eBook Journal entry worksheet < 1 2 3 4 5 6 7 > Hint Record the usage of direct materials.. Note: Enter debits before credits. Transaction (b) General Journal Debit Credit Record entry Clear entry View general journal bints eBook View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 Hint Record the usage of indirect materials. Note: Enter debits before credits. Transaction (c) General Journal Debit Credit Record entry Clear entry View general journal points eBook View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 > Hint Record the cost of direct labor incurred, but not yet paid. Note: Enter debits before credits. Transaction (d) General Journal Debit Credit Record entry Clear entry View general journal eBook new transaction list Journal entry worksheet < 1 2 3 4 5 6 7 Hint Record the cost of indirect labor incurred, but not yet paid. Note: Enter debits before credits. Transaction (e) General Journal Debit Credit Record entry Clear entry View general journal Book Journal entry worksheet 2 3 4 5 6 7 Hint Record other overhead costs paid with cash. Note: Enter debits before credits. Transaction (1) General Journal Debit Credit Record entry Clear entry View general journal eBook Journal entry worksheet < 1 2 3 4 5 6 7 Hint Record the application of overhead. Note: Enter debits before credits. Transaction (g) General Journal Debit Credit Record entry Clear entry View general journal
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